35 Crest Ave - Commercial LAND FOR SALE


Winthrop, MA 02152 6,848 SF
$4,500,000 USD
781-254-3623
35 Crest Ave, Winthrop, MA for Sale
$4,500,000 USD
Commercial LAND - FOR SALE
1/3
6,848 SF

35 Crest Ave
Winthrop, MA 02152


HIGHLIGHTS

  • Bus stop, free public business parking, $5.00 resident permit parking all directly across the street. Three minute walk to the beach.

OVERVIEW

WINTHROP BEACH OCEAN VIEW DEVELOPMENT SITE 31-35 Crest Avenue, Winthrop, MA 02152 | $4,500,000 Prime peninsula site with proven 16-story regulatory precedent. Highlights: 10-11 story buildings approved within walking distance (same town) 14-16 story towers in adjacent Revere (closer to Logan, yet approved) Superior FAA positioning: 5.2 miles from airport vs. 4.8 miles for approved comparables Ocean views floors 4+ (40 feet elevation, verified by sight line analysis) 25-40% pricing premium for ocean view units 50-car municipal parking across street $336K/year tax revenue (22× increase) = guaranteed municipal support Development Potential: 40-52 luxury ocean view units | $24-41M revenue | $9-19M profit (63-88% ROI) Complete Analysis: https://31-35CrestAve.replit.app Includes: Precedent documentation | FAA analysis | Financial models | Architectural rendering | Due diligence docs Qualified developers only. Broker co-op: 1% 50 car parking lot and playground/park directly across the street. Crest Ave Park and Lot https://31-35CrestAve.replit.app

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/ACRE

$28,628,596/AC

PRICE/SF

$657 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

31-35 Crest Ave

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units, Restaurant

LAND ACRES

0.16 AC

LAND SF

6,847 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

Mixed-use

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Peter CalakoutisCalakoutis LLCMore Info
781-254-3623

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Peter CalakoutisCalakoutis LLCMore Info
781-254-3623

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.