Lot/Land for Sale: 1 Forbes St, Chelsea, MA 02150

$29,999,900
$29,999,900
1 Forbes St, Chelsea, MA 02150
$29,999,900
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Price:
$29,999,900
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Type Lot/Land
Lot Size 17.86 acres
City Chelsea
County Suffolk
MLS 73296513
Status Active
DOM 79 days
Rare indeed! Potential landmark development, if not the largest parcel available in the Boston area. LAND ONLY… Sitting on 17.86 acres on Chelsea Creek in Chelsea and PREVIOUSLY approved for 590 residential units and 20,000 sq ft of retail and 963 parking spots in a phased development on Rt 1a across from Suffolk downs and under 10 minutes to Logan. A copy of the previous approval is available on request. Across from Orient heights. Possible creative options available for a phased development. There are currently 4 structures on the parcel including 'Mill Type' buidings in various states of disrepair, currently unsafe by all practical standards. Three other adjacent parcels on Crescent Ave are also included. Price is 'as is' but seller is offering options depending on how the deal is structured. Buyer will need to have new plans approved. Asking Price subject to Buyer approvals is $35 mln with closing to take place after said approvals. Phased Development Asking Price is $43 mln

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Lot & Building Features

Sewer Public Sewer
Tax Year 2024
Taxes Paid $9,999
Water Public
Waterfront Creek, Waterfront
Waterview Creek

Price History of 1 Forbes St

Date Name Price Difference
09/30/2024 Listing Price $29,999,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Rachael Brennan
Rachael Brennan
Marketing Director
Direct: 413-446-6479
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Steve Bremis Realty Group, The Steve Bremis Team
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1 Forbes St (MLS #73296513) is a lot/land listing located in Chelsea, MA. This is a lot/land listing with a lot of 777,981 sqft (or 17.86 acres). This property was listed on 09/30/2024 and has been priced for sale at $29,999,900.

Nearby zip codes are 02125, 02128, 02149, 02151 and 02152. This property neighbors other cities such as Boston, Everett, Malden, Revere and Winthrop.

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Steve Bremis Realty Group

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.