1 Sprague St, Revere, MA 02151

• 3,362 sqft

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

Listing Status:

Active

Date Added:

July 2, 2026

Data Last Updated:

August 6, 2026 at 6:06AM

Listing Office:

Barry Realty Group : 781-246-7535

Listing Agent:

Peter Castrichini : 978-204-3874

MLS ID:

73544243

Location

• Originating MLS: MLS Property Information Network
• County: Suffolk

Lot

• Zoning: RBM:15 B:258 L:131372210

Utilities

• Utilities: Public WaterPublic Sewer220 Volts

Financial

• Source: MLS Property Information Network