3,362 sqft

$1,599,900

1 Sprague St, Revere MA, 02151

Price per sqft$475.88

Built in1900

Property size3,362 sqft

Property typeCommercial

Overview

Active

Listed Jul 2, 2026

Updated 3 weeks ago

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

Additional information

MLS^® ID: 73544243

Interior Features

Basement: No

Exterior Features

Lot Size: 0.16 Acres

Other Property Details

Taxes: $17,306
Tax Frequency: Annually
55+/Senior Community: No

This listing is provided by Peter Castrichini with Barry Realty Group

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Data last updated 4:47 AM UTC, 9/4/2026