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    Broadway Revere, MA 02151

    Sponsored
    For Sale
    $999,999

    Prime Revere location, high pedestrian traffic. Two leased storefronts & single-family home.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional mixed-use property in Revere, MA, presents a unique investment opportunity. Situated on a 0.09-acre lot on Broadway, it boasts a prime location with excellent pedestrian traffic, ensuring high visibility and accessibility for businesses. The property comprises two commercial storefronts, currently generating lease income, each equipped with a sizable basement providing ample storage space. These commercial units are ideal for a variety of retail or service businesses. Adding to the property's versatility is a well-appointed single-family home located behind the commercial spaces. This residential component offers additional income potential through rental or could serve as owner-occupied housing. The property's mixed-use nature allows for diverse income streams and potential for future development or expansion. The strategic location on Broadway in Revere ensures strong visibility and accessibility, making it an attractive proposition for both investors and business owners seeking a profitable and versatile property. The existing leases provide immediate return on investment, while the potential for future development or expansion offers significant long-term growth opportunities. This property is priced at $999,999. Serious inquiries only.

    Property Features for Broadway

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1920
    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 pedestrian traffic. Two leased storefronts & single-family home.
    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 $999,999.
    (978) 223-1751
    Request Owner's contact information
    Broadway Revere, MA 02151
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    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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