Price Reduction
114 Shirley Ave Aka 27 Nahant Ave, Revere, MA
$ 3,499,900
Property Attributes
  • MLS#73112217
  • TypeCommercial
  • CountySUFFOLK
  • CityRevere
  • Zip02151
  • Style
  • Year Built1920
  • Taxes$ 14973
  • Price$ 3,499,900
  • Bedrooms0
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage6988
  • Lot Size10,019 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Mixed-use property consists of 2 lots. 5-units; 2 commercials and 3 residentials with a parking lot. Building has total 4299 sqft & parking lot has 5501 sqft. Surrounded by bustling mid-rise developments emerging. First floor has 2 store fronts; left is Seller's family run Oriental Grocery Store and on the right is tenant to Spanish-American Market. 2nd level has all the residentials one 3BR, and two 2BR. Location is within busy business district and mixed-uses. Walking distance to Revere Beach and Revere Beach Subway Blue Line Train station to Boston. Property is surrounded by beach attractions including the Famous Banana Boat Ice cream stand, Kelly's Roast Beef, Pizzeria and many more. Best use for builder/developer re-build or convert to multi-unit mid-rise. Property will be "Sold As Is" as a package, building and parking lot plus Oriental Grocery Store business property excluding inventory. Same as MLS #:73112234.

Price History
5/16/2023 Listed $5,199,900
8/16/2023 14% - $4,499,900
9/22/2023 23% - $3,499,900

General Features

Building Area Units Square Feet
City Revere
County Suffolk
Directions Rt 60 to Rt 1A to Shirley; Property is 27 Nahnat Ave AKA 130 Shirley Ave
Disclosures Living area proportion is approximate. Buyers to do own due diligence and verify all exact amounts and measurements. 2 Bedrooms owner's unit will be vacant prior to closing.
Facilitator Compensation 2
Gross Income 83400
Home Warranty Y/N No
Lot Size Square Feet 9801
Net Operating Income 53145
Operating Expense 30256
Property Type Commercial Sale
Roof Rubber
Senior Community Y/N No
Standard Status Active
Status Active
Street Name Shirley Ave Aka 27 Nahant Ave
Sub Agent Compensation 2
Tax Annual Amount 14973.32
Tax Year 2023
Utilities Public Water, Public Sewer, Natural Gas Available
Waterfront Y/N No
Year Built 1920
Zoning GB
Zoning Description Legal Conforming, Other (See Remarks)

Interior Features

Total Baths 5

Exterior Features

Living Area 6988
Building Area Total 6988
Lot Size Acres 0.23
Lot Size Area 0.23
Lot Size Units Acres
Total Parking 10


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02151

AVG $570K
AVG $11,384
AVG 107
Data Provided by Inside Real Estate®
Year Built
AVG 1934
AVG 78
Data Provided by Walkscore® not using MLS data