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Permit-Ready Beachfront Commercial Land
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459 Revere Beach Blvd, Revere, MA 02151

Approved plans support a condominium development with residential and hospitality components.

Property SizeContact for details
Days on Market143

Property Features for 459 Revere Beach Blvd

General Information

Standard status Active
Property subtype Land
Listing Agency: Gibson Sothebys Company
Listed By: Anthony Bruno · License #MA
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:14PM

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 Gibson Sothebys Company

Investment Insights

Based on property information with market context.

This commercial land offering comprises four separate parcels with three vacant two-family structures currently in place. The approved, permit-ready plans provide for a 60-unit condominium building directly on Revere Beach, including 57 one-bedroom, one-bath residences ranging from 693 to 968 square feet and three two-bedroom, two-bath residences measuring 1,635 square feet. Each proposed unit includes a private balcony.

Planned amenities include 90 parking spaces, with 82 interior and eight exterior spaces, along with a resident fitness center. The design also incorporates a rooftop restaurant exceeding 4,400 square feet with a wraparound balcony. The property is located near downtown Boston, Logan Airport, the MBTA Wonderland Stop on the Blue Line, shops, restaurants, hotels, and other new residential development.

Key Highlights

  • Approved and permit‑ready plans for a 60‑unit condominium building
  • 57 one‑bedroom, one‑bath units range from 693 sq ft to 968 sq ft
  • Three 2 bed/2 bath units are each 1,635 sq ft

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency Building Supply Auto Parts Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Approved plans support a condominium development with residential and hospitality components.
Where is this commercial land located?
The property is located at 459 Revere Beach Blvd Revere, MA.
What are key features of this property?
This property features: Approved and permit‑ready plans for a 60‑unit condominium building; 57 one‑bedroom, one‑bath units range from 693 sq ft to 968 sq ft; Three 2 bed/2 bath units are each 1,635 sq ft
More about this property
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