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445-455 Broadway 33 Unit Apartment Building For Sale Everett, MA 02149



INVESTMENT HIGHLIGHTS
- Immediate income from 26 fully leased retail/office units
- Prime location in Everett’s growing Broadway Corridor
- Benefits from upcoming MBTA Silver Line extension
- Approved 33-unit residential project, shovel-rea
- Near Encore Boston Harbor and proposed soccer stadium
EXECUTIVE SUMMARY
The property being offered for sale is an exceptional urban portfolio located at 445-455 Broadway in Everett, Massachusetts. This opportunity includes a multi-tenant retail and office complex currently occupied by 26 tenants, providing stable and recurring income with 100% retail occupancy. The existing building encompasses 43,740 square feet, with 33,272 rentable square feet, and sits on a 20,799 square foot lot. In addition to the income-producing asset, the property features a fully approved, shovel-ready development project for 33 residential units, with all permits and approvals in place, allowing construction to begin immediately. Investors benefit from both immediate cash flow and significant future upside through development. The site is strategically positioned in Everett’s rapidly growing Broadway Corridor, offering access to Greater Boston’s economy and talent pool, while benefiting from ongoing infrastructure improvements such as the MBTA Silver Line extension and a proposed new commuter rail station. The property also enjoys proximity to major developments like Encore Boston Harbor and the proposed Kraft Group soccer stadium, further enhancing its long-term value and growth potential.
DATA ROOM Click Here to Access
- Offering Memorandum
- Third Party Reports
PROPERTY FACTS
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Walk Score®
Walker's Paradise (96)
PROPERTY TAXES
| Parcel Number | EVER-000000-L000001-000001 | Improvements Assessment | $4,865,018 CAD |
| Land Assessment | $973,801 CAD | Total Assessment | $5,838,819 CAD |
PROPERTY TAXES
Parcel Number
EVER-000000-L000001-000001
Land Assessment
$973,801 CAD
Improvements Assessment
$4,865,018 CAD
Total Assessment
$5,838,819 CAD
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445-455 Broadway
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