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    133 Salem St, Unit C1 Revere, MA 02151

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    For Sale
    $275,000

    Basement-level commercial condominium with assigned parking in Revere, MA.

    Lot size:
    0.21 Acres

    Property Features for 133 Salem St

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1983

    Source: Metropolitan Boston Real Estate, LLC Agent Roy Avellaneda

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

    Overview

    Commercial Condo in Mixed-Use Building

    This commercial condominium is located in the basement level of a 72-unit mixed-use building. The property is strategically located off Route 1 at the Salem Street exit. Permitted uses include office space and personal services. The condominium includes four assigned parking spaces. Potential business uses include accountant, tax preparation, legal office, real estate, and property management. Barber and hair salon services are also examples of permitted uses. The property has direct access from the parking lot via a stairwell. Buyers are advised to conduct their own due diligence regarding local permitting. The estimated condominium fee is $260 per month.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Revere
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0174055
    Latitude
    42.4383831

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    FAQs

    What type of property is this?
    Office space - Basement-level commercial condominium with assigned parking in Revere, MA.
    Where is this office space located?
    The property is located at 133 Salem St, Unit C1 Revere, MA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Strategically located off Rt 1 Salem St exit.; - Suitable for office use or personal services such as an accountant or barber/hair salon.; - Includes 4 assigned parking spaces.
    (617) 212-4658
    Request Owner's contact information
    133 Salem St, Unit C1 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
    133 Salem St, Unit C1 Revere, MA 02151
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