About 27 Nahant Ave
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 # for additional information regarding 114 Shirley Ave.
Features of 27 Nahant Ave
| MLS® # | 73223415 |
|---|---|
| Price | $3,199,900 |
| Bathrooms | 0.00 |
| Square Footage | 6,988 |
| Acres | 0.10 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 27 Nahant Ave |
|---|---|
| City | Revere |
| County | Suffolk |
| State | MA |
| Zip Code | 02151-3203 |
Amenities
| Utilities | Public Water, Public Sewer, Natural Gas Available |
|---|---|
| Parking Spaces | 10 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | GB |
|---|
Listing Details
| Agent | Lou Markakis |
|---|---|
| Office | Lynnway Associates |
| Buyer Agent Compensation | 2.0 |
| Facilitator Compensation | 1.0 |