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    Property profile & analytics
    OFF-MARKET Estimated value $3,300,000
    Automotive properties

    184 Broadway, Revere, MA 02151-5349

    12,111 SF 0.37 ac lot Built 2014
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-0726237
    Property summary
    AI-generated overview

    This exceptional 13,122 square foot former car dealership presents a unique redevelopment opportunity in Revere, Massachusetts. Situated on a 0.37-acre lot at the prominent corner of Broadway and Fenno Street, this property benefits from high visibility and significant foot and vehicle traffic. The spacious layout includes a substantial showroom and service area, offering versatility for a range of commercial uses. Its location within a bustling commercial district ensures strong potential for success. The property is conveniently located minutes away from the new Beachmont Square at Suffolk Downs development, further enhancing its appeal and accessibility. The surrounding area boasts a substantial population base, with over 250,000 people residing within a three-mile radius, providing a large potential customer pool. This prime location, combined with the substantial square footage, makes this property an attractive investment for entrepreneurs and developers seeking a high-traffic location in a growing area. The property's zoning and potential uses should be verified independently. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Massachusetts market. The property is zoned for auto shop, restaurant, and storefront uses.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 2014
    Construction STEEL FRAME
    Total area 12,111 SF
    Lot 0.37 ac (16,248 SF)
    Zoning code GB
    APN REVE M:21 B:340 L:12
    UPID US38-0726237
    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
    AI Approach AI
    $3.30M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.30M
    Owner & transaction history
    Hdg Re LLC · 1 yrs held
    Hdg Re LLC
    since 2024
    Last sale
    $3.3M
    3 recorded transactions
    2024
    $3.3M
    2014
    2013
    $825,000
    Zoning & alternative use
    GB · Revere, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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