500 Revere St Revere, MA ^$ 4,950,000

500 Revere St

^$ 4,950,000

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500 Revere St

Revere, MA, 02151

^$ 4,950,000

Studio Baths0.0 Sq 6,641

Monthly Estimate*

^$ 34,577

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Studio

Commercial Property for sale in Revere, MA

for $4,950,000. This 6,641 square foot building was built in 1880 on a lot size of 0.47.

Church on 1/2 acre lot on the road to Revere Beach! Building 10700 Square Feet, development opportunity for builders. Potential "60-70+ unit new construction development. GB Zoning allows for various uses - all questions to the building dept. 5 minutes to Wonderland T station- Blue Line, connecting to all points. 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. Buyers to do due diligence.

Commercial Active

Price

^$ 4,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 23,751

Style

Commercial

Lot Size

0.47

Year Built

1880

Town/City

Revere

County/Region

Suffolk

MLS | Web ID

73193691

List By

Aydin Kayabay

Listing Agent

Realty One Group Cosmopolitan

Broker

Affordability Calculator

$36,556

Per Month

Monthly Principal & Interest: $34,577
Monthly Property Taxes: $1,979
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in Revere, MA

Average List Price ^$2,074,980

Percent of Sale Price 58%

About Revere, MA

59,502 Population

25% Since 2002

^$56,046 Median Income

39.99 Median Age

25% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
1/16/2024	$4,950,000		Listed Price

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500 Revere St, Revere, MA, 02151 is a Commercial Property for sale at $4,950,000 with 6,641 sqft and a lot size of 0.47. 500 Revere St is a studio with 0.0 baths and was built in 1880. The property's zip code is 02151 which is in Revere, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/14/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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500 Revere St

Commercial Property for sale in Revere, MA

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