Broadway Revere, MA 02151
- Commercial real estate
- 0.09 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Broadway
- Year built
- 1920
- Lot size
- 0.09 lot acres
- Property type
- Commercial real estate
Description
This exceptional mixed-use property in Revere, MA, presents a unique investment opportunity. Situated on a 0.09-acre lot on Broadway, it boasts a prime location with excellent pedestrian traffic, ensuring high visibility and accessibility for businesses. The property comprises two commercial storefronts, currently generating lease income, each equipped with a sizable basement providing ample storage space. These commercial units are ideal for a variety of retail or service businesses. Adding to the property's versatility is a well-appointed single-family home located behind the commercial spaces. This residential component offers additional income potential through rental or could serve as owner-occupied housing. The property's mixed-use nature allows for diverse income streams and potential for future development or expansion. The strategic location on Broadway in Revere ensures strong visibility and accessibility, making it an attractive proposition for both investors and business owners seeking a profitable and versatile property. The existing leases provide immediate return on investment, while the potential for future development or expansion offers significant long-term growth opportunities. This property is priced at $999,999. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Revere
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.0044
- Latitude
- 42.4153