1 Sprague St, Revere, MA 02151
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$1,599,900
Type: Mixed Use
Net Lease|Triple Net Lease (NNN)
3362 Bldg. SQFT
N/A Restrooms
Parking: N/A

Property Description

Currently a legal 5-unit property listing in RB zoning. Longtime positive cash flow property used for law offices and music school & mixed use. Residential 3+ bedroom unit on 2nd floor. Property also contains drive in commercial garage space with garage doors and access to the 1st floor from inside the garage space. Current rent roll is $7200 a month. Ownership is on site and operating as attorney and law services, with additional rent income producing tenants. Current city zoning is RB which consists of one- and two-family units. Development opportunities to add additional units and levels with waters views is the hidden gem at this location. Special permitting would be required. Ownership is willing to offer help with its legal services of the process to help buyer. MBTA transportation and proximity to revere beach is added benefits. Buyers to do due diligence as best use as to maintain as current 5 unit or special permitting for condos/development in a development friendly town

Property Details tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Conforming
  • MLS ID#: 73544243

Building Information

  • Total SQFT: 3362

Construction & Utilities

  • Utilities: 220 Volts, Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/06/2026Active$1,599,900$476MLSPIN
07/02/2026New$1,599,900$476MLSPIN

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Seller's Representative: Peter Castrichini, Barry Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-07-06 03:05:00