$929,000 260 Broadway Revere, MA

MLS: 71948412   Type: Commercial   County: Suffolk   City: Revere   Zip: 02151   Style: Commercial     Taxes: $11,856

Mortgage $4,361 /mo



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Building/Chinese Restaurant+Rental Income - Excellent opportunity to own a "Revere Landmark Restaurant". In business since 1956, features a functional and currently operating Chinese restaurant with Full Liquor License that seats approximately 66 people with a very active takeout/delivery business. Large kitchen and storeroom Has commercial walk in freezer, 2 commercial walk in refrigerators. Dining room has both tables and built in booths. Small bar area, separate men's and women's bathrooms for customers. Tenant occupied apartment upstairs has approximately 2000+ sq. ft, 3-4 bedroom, 1.5 bath, with a monthly income of $1900. Keep as rental income or convert back to function room for private parties. Located on a busy thoroughfare - Broadway in Revere - across from City Hall. Lots of car and foot traffic. Great investment opportunity. Owners retiring after 50+ years. OWNER WILL CONSIDER PARTIAL FINANCING.

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Price History

1/13/2016 Listed $929,000

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Property vs Zip Code Avg (02151)

Price 929K Avg 598K

Taxes $11,856 Avg $6,938

Acres 0.07 Avg 0.07

Visits 40 Avg 15

Days on Site 325 Avg 226

Walkscore® 83 Avg 76

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Listing Provided Courtesy Of: Flavio Pellegrino with Keller Williams Realty.

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Location & Address

eXp Realty Massachusetts
190 Haverhill St, #336
Methuen, MA