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$3,199,900
Est. payment /mo
5,662 Sqft Lot
UPDATED:
06/17/2024 08:20 PM
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 73223413
HOA Y/N false
Annual Tax Amount $2,002
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Become part of the “Shirley Avenue Resurgence” via this potential “50+ unit new construction development.” Currently, the mixed-use bldg consists 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/Concepts for a 50-unit "transit-oriented development" for serious buyers/investors on file. Ideal for investors looking to add 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 multi-level mid-rise housing to an income-producing 50-unit bldg. See MLS # 73223415 for additional information regarding 27 Nahant Ave.
Location
State MA
County Suffolk
Area Revere Beach
Zoning GB
Direction VFW Pkwy to Shirley Ave.
Exterior
Fence Fenced
Community Features Public Transportation, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, T-Station, Sidewalks
Waterfront Description Beach Front,Ocean,Walk to,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Building
Lot Description Level, Curbs & Gutters, Sidewalks
Sewer Public Sewer
Water Public
Schools
Middle Schools Garfield
High Schools Revere
Others
Senior Community false
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Listed by Lynnway Associates