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    1936 Revere Beach Pkwy Everett, MA 02149

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    For Sale
    $2,495,000

    Two-unit building with restaurant and vacant space in Everett.

    Lot size:
    0.40 Acres

    Property Features for 1936 Revere Beach Pkwy

    General Information

    Lot size
    0.40 Acres

    Building Details

    Year built
    1930

    Source: Showcase Of Homes, REALTORS Agent Lina Verderese

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Building in Everett District

    This freestanding building, situated on 0.40 acres in the Everett CTEDD District, comprises approximately 8,635 square feet. The building is divided into two units. Unit 1, consisting of 3,000 square feet, is currently leased to a restaurant. The tenant is exercising a 5-year renewal option, although the current lease expires in October. Unit 2 offers 5,635 square feet of vacant space. An additional 8,635 square feet of basement space is available. Prospective buyers are advised to conduct due diligence regarding permitted uses and zoning regulations.
    Insight Report Location Intelligence

    Current Use by Public Records

    Psychic Boutique of Everett Psychic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Your Plate or Mine Private Chef Services, Dnata Catering

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0516725
    Latitude
    42.4025817

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    FAQs

    What type of property is this?
    Restaurant - Two-unit building with restaurant and vacant space in Everett.
    Where is this restaurant located?
    The property is located at 1936 Revere Beach Pkwy Everett, MA.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: - Freestanding 8,635 SF building on .40 acres.; - Located in the Everett CTEDD District.; - Two units: one leased restaurant (3,000 SF) and one vacant unit (5,635 SF).
    (617) 833-7998
    Request Owner's contact information
    1936 Revere Beach Pkwy Everett, MA 02149
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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
    1936 Revere Beach Pkwy Everett, MA 02149
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