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    831 N Shore Rd Revere, MA 02151

    For Sale
    $659,000

    Convenience store with apartment near Kelly's Roast Beef and beach.

    Lot size:
    0.04 Acres

    Property Features for 831 N Shore Rd

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1900

    Source: Maria Fabiano Realty Agent Maria Fabiano

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

    Overview

    Mixed-Use Property Near Beach

    This property presents an investment opportunity, featuring a convenience store on the ground floor and a two-bedroom, one-bath apartment above. The location is one block from Kellys Roast Beef and the beach, benefiting from high foot traffic and a vibrant local atmosphere. This property is suited for entrepreneurs and investors looking to capitalize on the coastal market.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Revere
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -70.9862033
    Latitude
    42.425381

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    FAQs

    What type of property is this?
    Grocery and convenience store - Convenience store with apartment near Kelly's Roast Beef and beach.
    Where is this grocery and convenience store located?
    The property is located at 831 N Shore Rd Revere, MA.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: - Established convenience store on the ground floor provides immediate income.; - Located one block from Kellys Roast Beef and the beach, ensuring high foot traffic.; - Two-bedroom, one-bath apartment offers additional rental income or owner occupancy.
    (617) 794-4257
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    831 N Shore Rd 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
    831 N Shore Rd Revere, MA 02151
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