27 Nahant Ave Pending Save Request In-Person Tour Request Virtual Tour
Revere,MA 02151
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 6,988 sqft
Price per Sqft $457
MLS Listing ID 73223415
Year Built 1920
Annual Tax Amount $14,973
Tax Year 2023
Lot Size 4,356 Sqft
Property Description
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.
Location
State MA
County Suffolk
Zoning GB
Exterior
Utilities Available Public Water,Public Sewer,Natural Gas Available
Roof Type Rubber