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Property profile & analytics
FOR SALE
Retail space

619 Broadway Revere, MA 02151

1,016 SF 0.06 ac lot Built 1925
Entity Owned ~ Est. High Equity
Property ID
US38-0434257
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Construction FRAME
Total area 1,016 SF
Lot 0.06 ac (2,788 SF)
Zoning code GB
APN REVE M:16 B:262-263 L:26
UPID US38-0434257
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
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$590k
Owner & transaction history
E&c New Investments LLC
E&c New Investments LLC
since 2025
Last sale
$587,500
7 recorded transactions
2025
$675,000
2023
$587,500
2015
$250,000
2015
Price N/A
2008
$1
2005
Price N/A
1989
$105,000
Zoning & alternative use
GB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In the CB, NB, GB business districts, micro and macro telecommunications facilities shall be allowed by special permit authorized by the Revere city council following design review approval. Monopole towers up to a height of forty feet are permitted by special permit authorized by the Revere city council following design review approval. Monopole towers up t…

Zone name General Business
General category COMMERCIAL
Zone area 150.16 ac
Top alternative use upside
Office building $550,000 +42.6%
Auto repair, garage $510,000 +32.1%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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