339 Squire RoadRevere, MA 02151MLS Number 72779452

  • Price: $599,000
  • 32 Days on Market
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Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
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339 Squire Road Revere MA 02151
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  • 1993Year Built

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Amazing opportunity for a turnkey operation, owner (retiring) is seeking a proprietor to acquire for income starting day one and grow! Been in business since 1993 with a loyal customer base in prime Class A shopping center in Revere with ample parking and established anchors, national chains on a highly visible road. Consistent revenue year over year. Unique boutique featuring top brands from Nike, Puma, Mizuno, Perelli, etc. of merchandise consisting of fine sneakers, apparel, sports equipment, memorabilia, packs and unique finds. Just seeking a one-year revenue equivalent price of $599,000 with $600k to $700k of current inventory, fixtures and other leasehold improvements. Vendor/supplier license and terms to be transferred. Lease terminates in July 2021 for more flexibility to the new proprietor. Recent tax returns, lease are ready for review. Possible quick close. Listing info for marketing purposes only. Please inquire > sign confidentiality agreement > tour. Covid rules adhered.
Listed by Bill Lau of Windsor Real Estate LLC

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More Info

Parking

  • Parking Spaces500

Building

  • Year Built1993
  • Building ConstructionFrame
  • Building Square Feet2500
  • Equip Listing AvailYes
  • No of Restrooms1
  • ElevatorNo
  • FacilitiesLobby, Office
  • BasementNo

Basic Information

  • Date Listed01/27/2021
  • Modification Date2021-01-31T23:42:00
  • Property TypeRetail/Wholesale
  • Status Date2021-01-27T15:10:00
  • List Price$599,000
  • Tenant ExpensesExpenses over Base
  • Original Price599000
  • MLS Number72779452
  • MLS StatusActive

Utilities

  • UtilitiesPublic Water, Public Sewer

Photos

  • Photo Date2021-01-31T23:42:00
  • Number of Photos1

Location

  • Building Number339
  • LocationShopping Mall
  • Street No339
  • StreetSquire Road
  • TownRevere
  • StateMA
  • Zip02151
  • CountySuffolk
  • Traffic Count50

Property

  • Net Operating Inc121000
  • Business Hours10-7
  • Gross Annual Income542000
  • Lot Size999
  • Handicap AccessYes

Other

  • Owner TrainingYes
  • Inventory AvailYes
  • DirectionPlease message listing agent for confidentiality agreement, followed by the listing package & tour
  • Sub Agency OfferedYes
  • SystemTelephone, Security
  • Main LoAN4916
  • FormSub S Corporation
  • Real Estate IncludedNo
  • Reason for SellRetirement
  • View Count9
CENTURY 21  Advance Realty
CENTURY 21 Advance Realty
Office: 781-395-2121
284 Salem Street
Medford, MA 02155

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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