Arch Diocese Of Boston Sells Development Site In Chelsea, MA For $2.3M

The development site located at 163 Chestnut St in Chelsea, MA has been sold in a closed transaction. The property, listed by the Arch Diocese of Boston, was represented by broker Robert Saenz. The sale price for the development site was $2,300,000 with an asking price of $2,600,000. The property has a total buildable square footage of 26,000, resulting in a price per square foot of $88.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $2,300,000
• Address: 163 Chestnut St, Chelsea, MA
• Market: Chelsea, MA
• Seller: Arch Diocese of Boston
• Broker: Robert Saenz
• Asking Price: $2,600,000
• Buildable Square Footage: 26,000
• Price per Square Foot: $88

The successful sale of the development site was facilitated by broker Robert Saenz. This transaction represents a notable deal in the market.