125 Library Street Update 03/03/22

18K SF Chelsea Development Site Hits the Market

Boston Realty Advisors is now offering for sale the property at 125-139 Library Street, a development opportunity in Chelsea, Massachusetts. The offering consists of an 11,000 square foot building situated across 5 contiguous parcels totaling 18,295 square feet. This opportunity provides both developers and owner-occupier's multiple paths to revenue and a chance to partake in the burgeoning Chelsea market.

125-139 Library Street is located within the rapidly evolving Chelsea sub-market that is experiencing an influx of new investors and developers. The site benefits from being in the Residential Planned Overlay District (RPOD), which encourages the development of multi-family housing. The neighborhood has already seen multiple successful housing developments which have revitalized the immediate area.

The building’s efficient layout has previously hosted light industrial, recreational and office uses on the site. With upgraded heating and sprinkler systems, 10’ clear heights and ADA compliance, 125-139 Library Street is primed for a number of different uses.

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