Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Connected Commercial Space Near Transit Title is generated by Realmo AI

    300 Ocean Avenue #5th Floor, Revere, MA 02151

    View on Map
    Claim this Listing
    For Lease
    $26 SF/Yr

    Accessible commercial space with direct transit connection to Boston.

    Type:Commercial
    Added:
    Nov 15, 2025
    Days on Market:
    202
    Last Refresh:
    Apr 5 at 11:36 pm

    Property Features for 300 Ocean Avenue #5th Floor

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1988

    We can help!

    Listing Contact
    Derek Brodin

    Listing agent Derek Brodin

    Listing office 546 Realty Group

    Listing date Nov 15, 2025

    Source Corcoran

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

    All listing content including descriptions, pricing, images are the copyrighted material of 546 Realty Group

    HighLights

    • Direct access to Revere Beach Blue Line MBTA Station
    • Easy access to downtown Boston and Logan Airport
    • Convenient highway access via Route 1A
    • Proximity to major developments like Suffolk Downs
    • 10- to 15‑minute ride to major employment centers
    • Premier seaside environment

    Overview

    This commercial property offers connectivity and convenience with direct access to the Revere Beach Blue Line MBTA Station, providing access to downtown Boston, Logan International Airport, and employment centers within a 10- to 15-minute ride. Highway access is available via Route 1A. The location provides visibility, accessibility, and coastal appeal, offering a seaside environment with urban proximity. The property is suitable for office and retail use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Revere
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -70.9922324
    Latitude
    42.4081832

    Nearby Similar for Lease

    • $4,750/Mo
      4,620 SF

      Revere Office/Retail Space Available

      4620 sqft office/retail space with high visibility and traffic.
      106 Squire Road #1, Revere, MA 02151
      View Details
    • $1,100/Mo
      300 SF

      Renovated Office Space Available Now

      Newly renovated first-floor office suite with street-level access.
      753 Winthrop Avenue, Revere, MA 02151
      View Details
    • $4,750/Mo
      4,620 SF

      Revere Office/Retail Space Available

      4620 sqft office/retail space with high visibility and traffic.
      106 Squire Road #1, Revere, MA 02151
      View Details
    • $4,500/Mo

      Prime Revere Beach Commercial Space

      New construction office/retail space near Revere Beach MBTA station.
      19 Dehon Street, Revere, MA 02151
      View Details
    • $1,950/Mo
      600 SF

      Retail/Office Space Available

      600 SF retail/office space with high visibility.
      30 Revere Beach Pkwy, Revere, MA 02151
      View Details
    • $625/Mo
      300 SF

      Revere Office Space For Rent

      Second floor office space with shared conference room and utilities.
      199 Revere St 3, Revere, MA 02151
      View Details
    • $1,500/Mo

      Commercial Condo in Mixed-Use Building

      Commercial condominium for lease in mixed-use building.
      133 Salem St #C1, Revere, MA 02151
      View Details
    • $625/Mo
      300 SF

      Revere Office Space For Rent

      Second-floor office space with shared conference room and utilities included.
      199 Revere Street #3, Revere, MA 02151
      View Details
    • Contact for pricing
      85,000-85,000 SF

      Beachmont Square Mixed-Use Development

      Mixed-use development with residential, commercial, retail, and restaurant spaces.
      50 Salt St, Revere, MA 02151
      View Details
    • $4,500/Mo

      Prime Revere Beach Retail/Office Space

      New construction retail/office space near Revere Beach MBTA station.
      19 Dehon Street, Revere, MA 02151
      View Details
    • $30 SF/Yr

      Versatile Commercial Building For Lease

      Highly visible, easily accessible property suitable for various commercial uses.
      80-90 American Legion Hwy, Revere, MA 02151
      View Details
    • $28 SF/Yr

      Retail Space in New Apartments

      Ground-level retail space in new luxury apartment building.
      93 Bennington St, Revere, MA 02151
      View Details

    FAQs

    What type of property is this?
    Office units - Accessible commercial space with direct transit connection to Boston.
    Where is this office units located?
    The property is located at 300 Ocean Avenue #5th Floor Revere, MA.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Direct access to Revere Beach Blue Line MBTA Station; Easy access to downtown Boston and Logan Airport; Convenient highway access via Route 1A
    (617) 320-8818
    We can help!
    Listing Contact
    Derek Brodin
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    300 Ocean Avenue #5th Floor, Revere, MA 02151
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!