28 WATER ST
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Location
28 WATER ST
Mblu
04/ 020/ 0001A/ /
Acct#
04-020-0001A
Owner
B1 WATER STREET LLC
Total Market Value
$518,100
PID
52204
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$405,600$112,500$518,100

Owner of Record
OwnerB1 WATER STREET LLC
Co-Owner
Address75 WILLIAMS ST
CHELSEA, MA 02150
Sale Price$600,000
Certificate
Book & Page 60472/0398
Sale Date05/30/2019
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
B1 WATER STREET LLC$600,000 60472/03981N05/30/2019
WALKERS 4 DEVELOPMENT BUILDING LLC$600,000 56179/03701B10/24/2016
WALKER LOFTS LLC$250,000 53427/00811G03/03/2015
28 WATER STREET LLC$100 51071/00861F06/19/2013
GINSBURG,ELLIOTT M$0 16890/0011 02/23/1995

Building Information
Building 1 : Section 1
Year Built: 1890
Living Area: 31,816
Replacement Cost: $1,904,655
Building Percent Good: 20
Replacement Cost
Less Depreciation:
$380,900
Building Attributes
FieldDescription
Style:Mill Type Warehouse
ModelCommercial
GradeAVE MASONRY
Stories:4
Occupancy 
Exterior Wall 1Brick/Stone
Exterior Wall 2 
Roof StructureWood Truss
Roof CoverRolled Comp
Interior Wall 1Drywall/Shtrk
Interior Wall 2 
Interior Floor 1Ww/Carpet
Interior Floor 2 
Ext. Qual.AVERAGE
Int. Qual.AVERAGE
Bldg UseIND WHSES
Bath Grade 
Elevator100
Sprinkler100
1st Floor Use:4010
Heat/ACPackage Unit
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/Wall 
Rooms/Prtns 
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
GLUGLA - Upper Story 23,862 23,862
GLAGross Leasable Area 7,954 7,954
UBMBasement, Unfinished 7,954 0
   39,770 31,816

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELVElevator4.00 Story$20,0001

Land
Land Use
Use Code4010
DescriptionIND WHSES  
ZoneBG-3
Neighborhood3
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)16464
Depth
Total Market Land$112,500

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1PAVING-ASPHALT3900.00 S.F.$5,3001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$361,100$104,700$465,800
2024$280,100$104,700$384,800
2023$194,100$91,000$285,100

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