101 Second Street Update 12/10/19
Chelsea Building Trades for $4 Million
The property at 101 Second Street in Chelsea has been acquired by North Colony Asset Management for $4 million.
The property features a 15,300 square foot brick building that was constructed in 1900. The industrial building sits on a .72-acre parcel adjacent to the Mystic Mall, Bunker Hill Community College Chelsea Campus, and a short distance from Route 1.
The building is home to Chelsea Clock, America’s oldest continuously operating clock manufacturer. The company, which has produced timepieces for customers such as Woodrow Wilson, Bob Hope, and the United States military, moved their operations to the current location from the deteriorating Chelsea Clock Building in spring 2015.