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7 Foster St 6,232 SF 100% Leased Office Building Revere, MA 02151 For Sale
Executive Summary
128 CRE is pleased to bring to market for sale 7 Foster Street, a 6,336 SF two-story office/medical office building ideal for an owner-user or investor. Located just outside of Revere’s Town Center, the property offers a strong urban infill location with excellent access to public transportation, Route 1A, Route 16, Route 60, and major regional highways including Route 1 and I-93, providing convenient connectivity to Downtown Boston, Logan Airport, and the surrounding North Shore markets.
The property currently features medical office space available for immediate owner occupancy while also retaining in-place income from existing tenancies. The layout provides flexibility for an owner-user to occupy a portion of the building while continuing to lease existing space, creating an opportunity to increase cash flow and offset debt service through future lease-up potential.
Surrounded by a dense residential population, neighborhood retail, restaurants, healthcare providers, and municipal amenities, the property benefits from strong local demographics and continued investment throughout the Revere market. Its transit-oriented positioning and proximity to the Revere MBTA system further enhance accessibility for employees, patients, and customers alike.
Please contact the listing broker for additional information or to schedule a tour.
The property currently features medical office space available for immediate owner occupancy while also retaining in-place income from existing tenancies. The layout provides flexibility for an owner-user to occupy a portion of the building while continuing to lease existing space, creating an opportunity to increase cash flow and offset debt service through future lease-up potential.
Surrounded by a dense residential population, neighborhood retail, restaurants, healthcare providers, and municipal amenities, the property benefits from strong local demographics and continued investment throughout the Revere market. Its transit-oriented positioning and proximity to the Revere MBTA system further enhance accessibility for employees, patients, and customers alike.
Please contact the listing broker for additional information or to schedule a tour.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,232 SF
Building Class
C
Year Built
1965
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,116 SF
Slab To Slab
12’
Building FAR
2.14
Lot Size
0.07 AC
Zoning
CB, Revere
Parking
6 Spaces (0.96 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Arrigo Orthodontics
- Public Administration
- -
- -
- -
- Revere Family Dental
- Health Care and Social Assistance
- -
- -
- -
- Sylvias Haven Inc
- Health Care and Social Assistance
- -
- -
- -
- Yellow Taxicabs
- Transportation and Warehousing
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Arrigo Orthodontics | Public Administration | - | - | - | ||
| Revere Family Dental | Health Care and Social Assistance | - | - | - | ||
| Sylvias Haven Inc | Health Care and Social Assistance | - | - | - | ||
| Yellow Taxicabs | Transportation and Warehousing | - | - | - |
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Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | REVE-000021-000357-000002 | Improvements Assessment | $760,468 CAD |
| Land Assessment | $496,485 CAD | Total Assessment | $1,256,953 CAD |
Property Taxes
Parcel Number
REVE-000021-000357-000002
Land Assessment
$496,485 CAD
Improvements Assessment
$760,468 CAD
Total Assessment
$1,256,953 CAD
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7 Foster St
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