717-721 Broadway & 10-24 Spencer Ave

Prime Development Opportunity in Downtown Chelsea

Explore this rare opportunity for your next development project! Located in Chelsea, Massachusetts at 717–721 Broadway and 10–24 Spencer Avenue this 30,218 SF R-3 zoned assemblage offers an opportunity to control a sizable, contiguous development site in one of Greater Boston’s most active residential submarkets. This site spans from Broadway to Spencer Avenue, offering dual frontage and access, which enables exceptional flexibility in site planning, massing, traffic flow, and phased multifamily development. R-3 zoning permits higher-density residential use, making the site well-suited for market-rate, mixed-income, or affordable housing. Its strategic location offers walkable access to Boston Silverline Public Transit, neighborhood amenities, and direct connectivity to downtown Boston, Logan Airport, and major employment centers across the region. As a bedroom community of Boston, the city of Chelsea understands the need for housing and is a developer friendly environment.