MA
Suffolk
Revere
02151
27 Nahant Ave
27 Nahant Ave, Revere, MA 02151
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Listing Type
Commercial/Industrial
Listing Status
pending
7
$3,199,900

Home Details for 27 Nahant Ave

Price
$3,199,900
Type
Commercial Sale
Bedrooms
0
Bathrooms
5.0
Square feet
6988
Year built
1920
Lot size acres
0.1
County
Suffolk
Garage
Days on site
579
MLS Listing#
73223415
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.

Property Features
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: Lynnway Associates - 781-558-8518
Presented by: Lou Markakis
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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