Approved Apartment Development
For Sale
$1,400,000
419 Lee Burbank Highway, Revere, MA 02151
GB-zoned land with approvals and architectural plans for a market-rate apartment project.
Property SizeContact for details
Days on Market177
Property Features for 419 Lee Burbank Highway
General Information
Standard status
Active
Property subtype
Land / Commercial
Zoning
GB
Taxes and HOA fees
Annual Taxes
$11,309
Amenities
Level
Ocean, Beach Ownership(Public)
Listing Agency:
Pasciuto and Associates
Listed By:
Frank Pasciuto · License #80000
(781) 883-0707
Source:
Compass
Added: Mar 12
Changed: Sep 2
Last Checked: Aug 30 at 5:23PM
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 Pasciuto and Associates
Investment Insights
Based on property information with market context.
This GB-zoned commercial land offering includes approvals and architectural plans for a 20-unit apartment development. The proposed residences are planned as market-rate apartments without 40B or affordable-housing restrictions. The site is level and includes public beach and ocean access among its exterior features.
The property is located at 419 Lee Burbank Highway in Revere, with access to Route 1A, Route 60, and I-90. The location is approximately 10 minutes from Logan International Airport and 15 minutes from Downtown Boston, with MBTA Blue Line access. Revere Beach, shopping, restaurants, and Boston employment centers are also identified in the surrounding context.
The property is located at 419 Lee Burbank Highway in Revere, with access to Route 1A, Route 60, and I-90. The location is approximately 10 minutes from Logan International Airport and 15 minutes from Downtown Boston, with MBTA Blue Line access. Revere Beach, shopping, restaurants, and Boston employment centers are also identified in the surrounding context.
Key Highlights
- Approvals and architectural plans in place for a 20‑unit apartment development
- All 20 apartments planned as market‑rate residences with no 40B or affordable restrictions
- GB zoning designation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,402
Businesses Nearby
Explore this area
Business Placement
Demographics for 02151, MA
62,252
Population
23,461
Households
2.7
Avg Household Size
38
Median Age
25%
College-Educated
83%
High-School Grad
5.7 sq mi
ZIP Area
10,921
Density / Sq Mi
$80,948
Median Household Income
$43,374
Median Earnings
$1,964
Median Rent
$566,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - GB-zoned land with approvals and architectural plans for a market-rate apartment project.
Where is this commercial land located?
The property is located at 419 Lee Burbank Highway Revere, MA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Approvals and architectural plans in place for a 20‑unit apartment development; All 20 apartments planned as market‑rate residences with no 40B or affordable restrictions; GB zoning designation
