Listed by Pasciuto & Associates
$1,100,000
419 Lee Burbank Highway
Details
Property Type Multifamily, Land
Sub Type Commercial
Square Footage 11,456
Units 20
Tenancy Vacant
Buildings 1
Stories 4
Acreage 0.260
Investment Type Redevelopment
Sale Condition For sale by owner
Multifamily | 20 Units
Marketing description
419 Lee Burbank Highway offers a ready-to-build opportunity for developers seeking an approved market-rate project in a booming corridor minutes from Boston. This is an ideal fit for builders and multifamily investors looking for a shovel-ready asset with strong rental fundamentals and proximity to mass transit and employment hubs.
Investment highlights
- All Market Rate Units - No affordability restrictions; maximize rental revenue.
- Transit-Oriented Location - High-demand Revere corridor with limited new supply.
- Strong Rents - Revere/East Boston corridor commands robust rents:
- Large 1-Bed w/ bonus large office: $2,400 - $2,800
- *Luxury new construction achieves 10-15% premium over these ranges. *
- Growth Potential - Rents expected to rise 3-5% annually as Revere's housing market tightens.
- Turn-Key Development - All architectural, civil, and zoning approvals secured and transferable.
Listing Contacts
Listed by Pasciuto & Associates
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Zoning
GB CommercialGeneral CommercialGeneral Business
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View all 100 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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