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    Property profile & analytics

    Ocean View Ave Revere, MA 02151

    • Retail properties
    • 3,658 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Ocean View Ave

    Property size
    3,658 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This exceptional retail property, located at 646 Ocean Avenue in Suffolk County, offers two immediately available spaces within a thriving 209-unit luxury multifamily development. The total building square footage is 3,658 square feet, with two contiguous spaces available for lease. One space measures 1,710 square feet, while the other offers 1,948 square feet of versatile commercial space, ideal for retail or restaurant use. Both spaces are currently vacant, presenting a unique opportunity for businesses seeking high-visibility locations within a densely populated residential area. The property's strategic placement within a luxury multifamily complex ensures a built-in customer base and high foot traffic. This presents a significant advantage for businesses seeking to establish a strong presence in a desirable market. The flexible space allows for customization to suit a variety of business needs. The property is classified as commercial, with multiple tenancy options. This prime location in Suffolk County offers unparalleled access to a vibrant community and significant growth potential. Don't miss this chance to secure a prominent retail space in a high-demand area. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Revere
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -70.9845
    Latitude
    42.3989

    Comparable in this City

    • Value Estimation by Request
      3,658 SF

      646 Ocean Ave

      Restaurants • 3,658 SF
      646 Ocean Ave, Revere, MA 02151
      View Details
    • Value Estimation by Request
      450,000 SF

      40 Furlong Dr

      Retail properties • 450,000 SF
      40 Furlong Dr, Revere, MA 02151
      View Details
    • Value Estimation by Request
      121,320 SF

      40 Furlong Dr

      Lifestyle centers • 121,320 SF
      40 Furlong Dr, Revere, MA 02151
      View Details
    • Value Estimation by Request
      21,898 SF

      147 Squire Rd

      DEPARTMENT STORE • 21,898 SF
      147 Squire Rd, Revere, MA 02151-1201
      View Details
    • Value Estimation by Request
      121,232 SF

      5 Ward St

      DEPARTMENT STORE • 121,232 SF
      5 Ward St, Revere, MA 02151-1319
      View Details
    • Value Estimation by Request
      2,307 SF

      145 Broadway

      RESTAURANT • 2,307 SF
      145 Broadway, Revere, MA 02151-5312
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      3,658 SF

      Ocean Ave Retail Spaces

      Revere, MA: Prime Retail Opportunity
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      Revere Retail Space: Suffolk Downs

      Prime Revere retail space available.
      40 Furlong Dr, Revere, MA 02151
      View Details
    • $1,500 /Mo

      Office with Full Kitchen

      Office space with full kitchen, suitable for catering business.
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      3,776 SF

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      Street-Level Office/Retail Space Available

      Open office/retail space in Revere's Business District, available 2025.
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    Ocean View Ave
    Revere, MA 02151
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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