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    OFF-MARKET
    Commercial real estate

    Broadway, Revere, MA 02151

    0.09 ac lot Built 1920
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1920
    Lot 0.09 ac (3,920 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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