114 Shirley Ave, Revere, MA 02151
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$3,199,900
0.13 Acre
Commercial
2 Lots
Zoning: N/A
HOA: N/A

Property Description

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 # for additional information regarding 27 Nahant Ave.

Property Details tap to expand

Land Information

  • Land Description: Level
  • Amenities: Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public Transportation, T-Station
  • Improvements: Curbs & Gutters, Finish Graded, Shared Drive, Sidewalks
  • Road Type: City Street, Paved, Public, Publicly Maint., Sidewalk
  • Waterfront Features: Ocean, Walk to
  • Distance to Beach: 0 to 1/10 Mile
  • Beach Ownership: Public
  • Beach Description: Ocean, Walk to

Utilities

  • Water: Community Well, Public
  • Sewer: Inspection Required for Sale, Public
  • Sewer District: MWRA
  • Electric Info: 110 Volts, On-Site
  • Gas: At Street

Other Information

  • Last Updated: 04/16/24
  • Documents on File: Accountant Provided, Aerial Photo, Association Financial Statements, Drawings, Feasibility Study, Land Survey, Leases, Legal Description, Limited Information, Master Deed, Site Plan
  • HOA: No
  • Reqd Own Association: Unknown

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/16/2024Active$3,199,900MLSPIN
04/12/2024New$3,199,900MLSPIN
04/10/2024Expired$3,499,900MLSPIN
02/28/2024Active$3,499,900MLSPIN
02/24/2024Reactivated$3,499,900MLSPIN
02/20/2024Expired$3,499,900MLSPIN
02/09/2024Expired$3,499,900$501MLSPIN
02/09/2024Expired$3,499,900$501MLSPIN
01/14/2024Active$3,499,900MLSPIN
12/20/2023New$3,499,900MLSPIN
12/02/2023Temporarily Withdrawn$3,499,900$501MLSPIN
12/02/2023Temporarily Withdrawn$3,499,900$501MLSPIN
11/13/2023Active$3,499,900$501MLSPIN
11/13/2023Active$3,499,900$501MLSPIN
11/09/2023Reactivated$3,499,900$501MLSPIN
11/09/2023Reactivated$3,499,900$501MLSPIN
11/09/2023Expired$3,499,900$501MLSPIN
11/09/2023Expired$3,499,900$501MLSPIN
09/23/2023Active$3,499,900$501MLSPIN
09/23/2023Active$3,499,900$501MLSPIN
09/19/2023Price Change$3,499,900$501MLSPIN
09/19/2023Price Change$3,499,900$501MLSPIN
08/20/2023Active$4,499,900$644MLSPIN
08/20/2023Active$4,499,900$644MLSPIN
08/16/2023Price Change$4,499,900$644MLSPIN
08/16/2023Price Change$4,499,900$644MLSPIN
05/20/2023Active$5,199,900$744MLSPIN
05/20/2023Active$5,199,900$744MLSPIN
05/16/2023New$5,199,900$744MLSPIN
05/16/2023New$5,199,900$744MLSPIN

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Seller's Representative: Lou Markakis, Lynnway Associates
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.0
Facilitator Compensation: 1.0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-04-16 03:05:00