Last Updated: 1/19/2017 7:53 PM
Description for 260 Broadway Revere, MA 02151
Business and Building For Sale (2 Units). Chinese Restaurant, First Floor Unit, and Attached Non-Residential Condo (warehouse) For Sale. Excellent opportunity to own a "Revere Landmark Restaurant". In business since 1956, features a fully functional and currently operating Chinese restaurant with Full Liquor License that seats approximately 66 people with a very active takeout/delivery business. Potential for restaurant be expanded into warehouse, but buyer must perform all due diligence. 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. Located on a busy thoroughfare - Broadway in Revere - across from City Hall. Lots of car and foot traffic. Great investment and opportunity to grow business. Owners retiring after 50+ years.
Public Water Service, Gas Water Heater
Exterior / Lot Features
Downtown, Strip Mall, Highway Access, Public Transport
Current market conditions for 260 Broadway
Active Market Trends
Median list price$374,900
Days on market102
Properties for sale39
Sold Market Trends
Median sold price$325,000
Sales to list price9,757.0%
Median sq ft price$238
Arrows indicate 90 day trend
Listing Price History for 260 Broadway
Revere Real Estate
Revere is located in Massachusetts. Revere, Massachusetts 02151 has a population of 51,729.
The median household income in Revere, Massachusetts 02151 is $49,933. The median household income for the surrounding county is $52,700 compared to the national median of $53,046. The median age of people living in Revere 02151 is 38.4 years.
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