300 THIRD ST
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Location
300 THIRD ST
Mblu
54/ / 1/ /
Acct#
25105010
Owner
DEMICMAELIS PROPERTIES LLC
Total Market Value
$12,697,400
PID
958
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$9,594,600$3,102,800$12,697,400

Owner of Record
OwnerDEMICMAELIS PROPERTIES LLC
Co-Owner
Address240 SECOND ST
CHELSEA, MA 02150
Sale Price$5,700,000
Certificate
Book & Page 33653/0072
Sale Date01/16/2004
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
DEMICMAELIS PROPERTIES LLC$5,700,000 33653/00720001/16/2004
PRENCIPE REALTY ASSOCIATES$0  /0000  

Building Information
Building 1 : Section 1
Year Built: 1981
Living Area: 68,224
Replacement Cost: $10,189,449
Building Percent Good: 80
Replacement Cost
Less Depreciation:

$8,151,600
Building Attributes
FieldDescription
Style:Cold Storage
ModelIndustrial
GradeAverage
Stories:1 Story
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Bldg UseFACTORY MDL-96
Total Rooms12
Total Bedrms00
Total Baths6
Systems Stat 
Residential Units 
1st Floor Use:4000
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallNONE
Rooms/PrtnsABOVE AVERAGE
Wall Height20.00
% Comn Wall0.00
Commercial Units 
# Open parking spaces 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 64,224 64,224
AOFOffice, (Average) 4,000 4,000
   68,224 68,224

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR1SPRINKLERS-WET65910.00 S.F.$61,5001
LDL1LOAD LEVELERS2.00 UNITS$6,8001
A/CAIR CONDITION2400.00 UNITS$7,1001
MEZ3W/PARTITIONS10000.00 S.F.$238,4001
MEZ1MEZZANINE-UNF3000.00 S.F.$32,1001
LDL2W/MAN FLIP OUT6.00 UNITS$7,1001
  0.00  1

Land
Land Use
Use Code4000
DescriptionFACTORY MDL-96  
ZoneINDUST
Neighborhood3010
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)200700
Frontage0
Total Market Land$3,102,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  30000.00 S.F.$37,5001
FN3FENCE-6' CHAIN  900.00 L.F.$9,0001
SHD2W/LIGHTS ETC  143.00 S.F.$3,0001
SHD2W/LIGHTS ETC  176.00 S.F.$3,6001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$9,020,900$2,954,300$11,975,200
2024$8,010,000$2,811,800$10,821,800
2023$5,057,300$2,811,800$7,869,100

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