New Construction
Address
500 Revere St, Revere, MA
Price
$ 4,950,000
Property Attributes
  • MLS#73193691
  • TypeCommercial
  • CountySUFFOLK
  • CityRevere
  • Zip02151
  • StyleCommercial
  • Year Built1880
  • Taxes$ 23751
  • Price$ 4,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6641
  • Lot Size0.47 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

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.

Price History
1/16/2024 Listed $4,950,000

General Features

Utilities Public Water,Public Sewer
Zoning GB
Year Built 1880
Tax Year 2023
Business Type Commercial
County Suffolk
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions Revere St is the road to the beach.
City Revere
Disclosures seller is a non profit with a waiver on taxes.
Senior Community Y/N No
Zoning Description Other (See Remarks)
Lot Size Square Feet 20325
Waterfront Y/N No
Street Name Revere St
Tax Annual Amount 23751.22
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Total Parking 25
Lot Size Area 0.47
Building Area Total 6641
Lot Size Acres 0.47
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02151

Price
AVG $1.36M
$4.95M
Taxes
AVG $12,909
$23,751
Visits
AVG 190
286
Data Provided by Inside Real Estate®
Year Built
AVG 1944
1880

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