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Feeney Building 47 Chelmsford St 7,372 SF 61% Leased Retail Building Chelmsford, MA 01824 $1,500,000 ($203.47/SF)
Investment Highlights
- Excellent Visibility on a highly traveled corridor
- Fully ADA Accessible Commercial Space
- Newly Renovated Apartments with 2 bathrooms and laundry
- Commercial Space could be divided into 2 units
Executive Summary
Mixed-Use Investment Opportunity – 47 Chelmsford Street, Chelmsford, MA
Discover a versatile mixed-use property in a prime Chelmsford location, offering both commercial and residential income potential.
Property Overview:
This well-maintained property features a total of 2,896 square feet of commercial space on the first floor, currently operating as a convenience store. The space can be easily subdivided into two separate units, offering flexibility for investors or owner-users. The seller will deliver the commercial space vacant at closing; however, the existing convenience store inventory may be purchased separately if desired.
Commercial Features:
• 2,896 SF of street-level commercial space
• Commercial space could be divided into 2 units.
• Fully ADA accessible, including bathrooms and ramp access
• On-site parking for customers and tenants
• High visibility and convenient access
Residential Component:
The second floor consists of two spacious, fully renovated apartments:
• Each unit offers 2 bedrooms and 2 full bathrooms
• Modern finishes and updated interiors
• In-unit laundry for tenant convenience
• Strong rental appeal
The seller can guarantee leases for both residential units, providing immediate and stable income. Each tenant is responsible for their own utilities, minimizing owner expenses.
Additional Information:
• Mixed-use configuration ideal for investors or owner-occupants
• Turnkey residential units with strong rental potential
• Flexible commercial space adaptable to a variety of uses
Showing Requirements:
All prospective buyers must provide proof of funds prior to scheduling any showings.
This is a rare opportunity to acquire a flexible, income-generating property in a desirable location.
For additional details or to request financials, please inquire directly.
Discover a versatile mixed-use property in a prime Chelmsford location, offering both commercial and residential income potential.
Property Overview:
This well-maintained property features a total of 2,896 square feet of commercial space on the first floor, currently operating as a convenience store. The space can be easily subdivided into two separate units, offering flexibility for investors or owner-users. The seller will deliver the commercial space vacant at closing; however, the existing convenience store inventory may be purchased separately if desired.
Commercial Features:
• 2,896 SF of street-level commercial space
• Commercial space could be divided into 2 units.
• Fully ADA accessible, including bathrooms and ramp access
• On-site parking for customers and tenants
• High visibility and convenient access
Residential Component:
The second floor consists of two spacious, fully renovated apartments:
• Each unit offers 2 bedrooms and 2 full bathrooms
• Modern finishes and updated interiors
• In-unit laundry for tenant convenience
• Strong rental appeal
The seller can guarantee leases for both residential units, providing immediate and stable income. Each tenant is responsible for their own utilities, minimizing owner expenses.
Additional Information:
• Mixed-use configuration ideal for investors or owner-occupants
• Turnkey residential units with strong rental potential
• Flexible commercial space adaptable to a variety of uses
Showing Requirements:
All prospective buyers must provide proof of funds prior to scheduling any showings.
This is a rare opportunity to acquire a flexible, income-generating property in a desirable location.
For additional details or to request financials, please inquire directly.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,372 SF
Building Class
C
Year Built/Renovated
1969/2023
Price
$1,500,000
Price Per SF
$203.47
Percent Leased
61%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.77
Lot Size
0.22 AC
Zoning
General Commercial - Commercial - Mixed Use
Parking
10 Spaces (1.83 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Storage Space
- Monument Signage
- Air Conditioning
- Balcony
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | CHEL-000073-000327-000001 | Total Assessment | $770,900 (2025) |
| Land Assessment | $387,200 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $383,700 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
CHEL-000073-000327-000001
Land Assessment
$387,200 (2025)
Improvements Assessment
$383,700 (2025)
Total Assessment
$770,900 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Feeney Building | 47 Chelmsford St
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