Commercial Real Estate Market in Revere, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
66 active listings and 629 off-market properties in Revere, MA. Commercial property asks $390/SF to buy and $59.07/SF/Yr to lease.
Market Trends
Revere, MA spans 5.7 square miles in Suffolk County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Revere, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Revere, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Revere, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Revere, MA asks $453/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.1%
- Open space 19.5%
- Industrial 10.7%
- Commercial 10.3%
- Planned_development 3.4%
Largest Zones share of zoned land by district
Residence B
Conservation And Open Space
Technology Enterprise District
Highway Business
General Business
Revere, MA zones 3,789 acres across 19 districts. Commercial zoning covers 10.3% of zoned land, residential 56.1%, open space 19.5% and industrial 10.7%. The largest single district is Residence B at 46.4%. For commercial buyers the practical constraint is that only 21% of land carries a commercial or industrial designation.
Residence B (RB)
Overlay district of single-family homes within RB and RB1 districts. There is created in the city an overlay district of single-family homes within the RB and RB1 districts. Any lot within the RB and RB1 districts which has less than six thousand square feet and is located within the boundaries of the one hundred year flood plain as delineated on the Federal…
Market overview
Demographics & Economy
Revere, MA has 62,252 residents in 23,461 households. Density runs 10,911 people per square mile. Median household income here is $80,948 and median gross rent $1,964 a month.
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
10,911
Density / Sq Mi
$80,948
Median Household Income
$43,374
Median Earnings
$1,964
Median Rent
$566,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chelsea | — | — |
| Everett | — | $36.82 |
| Saugus | — | $27.71 |
| Malden | — | $35.26 |
Commercial property in Revere, MA asks $390/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Revere?
Commercial property in Revere, MA asks an average of $390 per square foot. The 6 most recent recorded sales traded at a median of $458/SF. Multifamily carries the highest asking price at $453/SF.
How much does it cost to lease commercial space in Revere?
Asking lease rates in Revere, MA average $59.07 per square foot per year.
What zoning applies to commercial property in Revere?
Revere, MA zones 3,789 acres across 19 districts, of which 10.3% is commercial and 10.7% industrial. The largest single district is Residence B at 46.4% of zoned land. Overlay district of single-family homes within RB and RB1 districts. There is created in the city an overlay district of single-family homes within the RB and RB1 districts. Any lot within the RB and RB1 districts which has less than six thousand square feet and is located within the boundaries of the one hundred year flood plain as delineated on the Federal… Residential zoning covers 56.1% and open space 19.5%.
Where does Realmo's Revere market data come from?
Realmo compiles Revere, MA figures from 6 recent recorded sales, 37 active sale listings, 29 active lease listings, 629 tracked off-market properties, the current Revere zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 37 active for-sale and 29 active for-lease listings in Revere, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 3,789 zoned acres across 19 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
