Revere, MA 02151,27 Nahant Ave
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Revere, MA 02151,27 Nahant Ave
Revere, MA 02151,27 Nahant Ave
Revere, MA 02151,27 Nahant Ave
Revere, MA 02151,27 Nahant Ave

$3,200,000

Est. payment /mo

$3,199,900

Est.Price: ?

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27 Nahant Ave Revere, MA 02151

6,988 SqFt

SOLD DATE : 04/10/2025

Key Details

Sold Price $3,200,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,988 sqft

Price per Sqft $457

MLS Listing ID 73223415

Sold Date 04/10/25

HOA Y/N false

Year Built 1920

Annual Tax Amount $14,973

Tax Year 2023

Lot Size 4,356 Sqft

Acres 0.1

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

Direction VFW Pkwy to Shirley Ave.

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available

Roof Type Rubber

Total Parking Spaces 10

Others

Senior Community false

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Listed by Lynnway Associates
Bought with Joseph Trichilo • Sciaraffa Real Estate, LLC
agent

Brenda Maggy

REALTOR® | Broker

+1(603) 531-3839

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