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    Broadway Revere, MA 02151

    Sponsored
    For Sale
    $1,799,900

    Prime Revere location, high development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property presents a unique development opportunity in the thriving city of Revere, Massachusetts. Situated on a 0.19-acre lot at the highly visible corner of Broadway and Folsom Street, near the Revere circle, this property benefits from exceptional accessibility and high visibility. Its strategic location provides easy access to Route 1A, ensuring seamless connectivity to Logan International Airport and Boston via the Tobin Bridge and Ted Williams Tunnel. The property's proximity to major transportation arteries makes it an ideal location for a variety of commercial ventures. The existing building offers a blank canvas for ambitious development plans, allowing for the creation of a modern and functional space tailored to meet the demands of today's market. Given the ongoing development within Revere, this property represents a compelling investment opportunity with significant potential for future appreciation. The site's corner location maximizes exposure and provides ample space for signage and branding opportunities. This is a rare chance to acquire a strategically located commercial property in a rapidly growing area, poised for significant future growth and development. The asking price of $1,799,900 reflects the property's prime location and substantial development potential. Serious inquiries are encouraged. Further details regarding zoning and permitted uses are available upon request.

    Property Features for Broadway

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1925
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Revere
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0044
    Latitude
    42.4153

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Revere location, high development potential.
    Where is this commercial real estate located?
    The property is located at Broadway Revere, MA.
    What is the asking price?
    The asking price for this property is $1,799,900.
    (781) 322-8400
    Request Owner's contact information
    Broadway Revere, MA 02151
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Broadway Revere, MA 02151
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