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Off market
  • $5,613,300

    242 Spencer Ave, Chelsea, MA 02150

    --beds
    41baths
    43,994sqft
    Apartment
    Built in 2019
    -- sqft lot
    $-- Zestimate®
    $128/sqft
    $3,267 Estimated rent

    Owner options

    List your home for rent

    $3,267/mo

    Rent Zestimate®

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    $3,267/mo

    Rent Zestimate®

    Refinance and save

    $33,347/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $33,347/mo

    Est. payment

    What's special

    Attention Investors and Developers, This is your opportunity to own one of Chelsea's most famous landmarks! Built in 1974, the property sits on a 20,000 sq ft lot, has plenty of parking and is currently home to the French Club. The building is currently perfect for a banquet hall, function room, bar room or night club.. Other potential uses may include medical space, offices or develop as residential apartments or condominiums. Buyers must do their own due diligence prior to submitting offers. This property has never been offered for sale. This is truly a rare and exceptional opportunity! Do not miss!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 41
    Heating
    • Gas
    Interior area
    • Total interior livable area: 43,994 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.46 Acres
    Details
    • Parcel number: CHELM067P112

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 2019

    Community & neighborhood

    Location
    • Region: Chelsea