114 Shirley Avenue, Revere BeachRevere, MA 02151MLS Number 73223413

  • Price: $3,199,900
  • Est. Mortgage of $/month
  • 278 Days on Market
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Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Under Agreement
114 Shirley Avenue Revere MA 02151114 Shirley Avenue Revere MA 02151114 Shirley Avenue Revere MA 02151114 Shirley Avenue Revere MA 02151114 Shirley Avenue Revere MA 02151114 Shirley Avenue Revere MA 02151114 Shirley Avenue Revere MA 02151
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  • 0.13Acreage
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.
Listed by Lou Markakis of Lynnway Associates

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Lot Features Level, Curbs & Gutters, Sidewalks
  • Mls StatusUnder Agreement
  • Parcel Number M:8 B:146 L:2,1368605
  • Road Frontage DescriptionPaved

Location

  • Address114 Shirley Avenue
  • Building Number114
  • CountySuffolk
  • NeighborhoodRevere Beach
  • StateMA
  • StreetShirley Avenue
  • SubdivisionRevere Beach
  • TownRevere
  • Zip02151

Amenities

  • Amenities
    • Conservation Area
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public Transportation
    • Sidewalks
    • T-Station
  • Other AmenitiesBeachfront

Tax Information

  • Tax Assessed Value $210,500
  • Tax Year 2023
  • Taxes$2,002

Parking

  • Open Parking YN Yes
  • Parking Features Shared Driveway

Building

  • Building Area Units Square Feet

Property

  • Acreage0.13
  • Frontage Length 112

Utilities

  • Electric On-Site
  • Electric On Property YN Yes
  • Gas At Street
  • Sewer Public Sewer
  • Water Source Public

Other

  • Buyer Agency Compensation2
  • Date Listed04/12/2024
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count9

School Information

  • High SchoolRevere
  • High School Revere
  • Junior HighGarfield

Basic Information

  • List Price$3,199,900
  • MLS Number73223413
  • Modification Date01/04/2025
  • Property SubTypeCommercial
  • Purchase Contract Date06/17/2024

Exterior

  • Fencing Fenced

Property Information

  • Lot Size Square Feet 5,502
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road

Water Body

  • Miles to Beach0.1
  • Waterfront Features Beach Front, Ocean, Walk to,0 to 1/10 Mile To Beach, Beach Ownership(Public)
Listed by Lou Markakis of Lynnway Associates

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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