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Versatile Building with Redevelopment Potential
For Lease
$30 SF/Yr

80-90 American Legion Hwy, Revere, MA 02151

Highly visible building suitable for various commercial uses.

Space SizeContact for details
Days on Market182

Property Features for 80-90 American Legion Hwy

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1950
Listing Agency: Powers & Company
Listed By: Mary Powers
Source: Corcoran
Added: Feb 19 Changed: Aug 9 Last Checked: Jul 16 at 10:17AM

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 Powers & Company

Investment Insights

Based on property information with market context.

This highly visible property, easily accessible, is suitable for medical, retail, office, and specialty users. A ground lease is available for redevelopment, or the existing two-story building, currently in excellent condition, can be utilized. The building formerly housed an Italian Deli and a Dunkin Donuts, and includes event space upstairs. Most recently, it has been leased to attorneys and a real estate office.

Key Highlights

  • Highly visible location with easy access.
  • Suitable for medical, retail, office, and specialty users.
  • Ground lease available for redevelopment.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Gym & Fitness Center Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service Tech Support Center

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

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,589
Businesses Nearby
62k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 47% Superstores 33% Dining 12% Electronics 5%
Marshalls Apparel
29,263 visits/mo 0.4 miles
Big Lots Superstores
20,120 visits/mo 0.4 miles
Ninety Nine Restaurants Dining
7,422 visits/mo 0.3 miles
AT&T Electronics
3,024 visits/mo 0.4 miles
Rodeway Inn Hotels & Casinos
1,921 visits/mo 0.4 miles

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

Lease Benchmarks for Revere, MA

$20.96 /SF/Yr
Avg Asking Price
$10.39–$30 /SF/Yr
Price Range
3,014 SF
Avg Space Size

This space is priced 43% above the average of $20.96 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Highly visible building suitable for various commercial uses.
Where is this retail space located?
The property is located at 80-90 American Legion Hwy Revere, MA.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Highly visible location with easy access.; Suitable for medical, retail, office, and specialty users.; Ground lease available for redevelopment.
More about this property
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