Pending
Under Agreement
27 Nahant Ave
Revere MA, 02151
$3,199,900
$457.91 per sqft
Pending
Under Agreement
5 Baths
6,988 sqft
Commercial
Built in 1920
Unique RE Development Opportunity. Become part of the "Shirley Avenue Resurgence" via this potential "50+ unit new construction development." Currently, it is a mixed-use bldg consisting of 2 Commercial storefronts with three residential units above. Totally "under-utilized" in its present state, zoning allows for various uses. The location is in a transit-oriented district 2-3 minutes from MBTA Blue Line, connecting to all points. Draft preliminary plans for a 50-unit "transit-oriented development" for serious buyers/investors are on file. Existing business to be sold separately. It is ideal for investors looking to add income property (units) to their portfolio and be a part of Revere's "booming economy." 5 min walk to America's first public beach-Revere Beach. This is an excellent opportunity for builders/developers to convert to multi-level mid-rise housing. Two properties as a package total 9798 sq ft. See MLS # 73223413 for additional information regarding 114 Shirley Ave.
73223415
MLSⓇ ID
April 12, 2024
Listed
October 2, 2024
Updated
Map
27 Nahant Ave
Revere MA, 02151
Interior Features
Total Bathrooms
5
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.1 Acres
Roof
Rubber
Other Property Details
Taxes
$14,973
Tax Frequency
Annually
Garage
No
Parking Total
10
View
No
County
Suffolk
Pool
No
Zoning
GB
Listing History
Date | Event | Price |
|---|---|---|
6/17/2024 | Pending | — |
Courtesy of Lou Markakis, Lynnway Associates
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Data last updated 1:09 AM UTC, 10/2/2024
