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$1,599,900 Just Listed

  • For Sale
  • Active
  • Commercial
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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

Full Property Details for 1 Sprague St

General

  • Price: $1,599,900
  • Taxes: $17,306 (2025)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73544243
  • Updated: 7/2/2026
  • Added to Site: 1 day(s) ago

Location

  • County: Suffolk

Structural Information

  • Square Feet: 3,362
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.16

Financial Considerations

  • Tax Amount: $17,306
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: M:15 B:258 L:13, 1372210

Listed by Barry Realty Group, Peter Castrichini and Joe Castrichini

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Listing agents

— 1 Sprague St —

  • Peter Castrichini

    Barry Realty Group

  • Joe Castrichini

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1 Sprague St

School District:Revere School District
NameGradesDistance
Staff Sargent James J. Hill Elementary School
51 Park Avenue, Revere, MA 02151
K-50.2 mi
Rumney Marsh Academy
140 American Legion Highway, Revere, MA 02151
6-80.5 mi
Susan B. Anthony Middle School
107 Newhall Street, Revere, MA 02151
6-80.9 mi
Garfield Middle School
176 Garfield Avenue, Revere, MA 02151
6-81 mi
Revere High School
101 School Street, Revere, MA 02151
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1 Sprague St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/02/2026
Listed
$1,599,900
196.28%
MLS
10/07/2003
Sold
$540,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1 Sprague St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,306
7%
$958,800
7%
2024
$16,214
5%
$895,800
10%
2023
$15,406
3%
$811,700
12%
2022
$14,904
11%
$724,900
18%
2021
$13,423
—
$614,900
—
2020
$13,454
-4%
$614,900
4%
2019
$14,066
1%
$594,000
8%
2018
$13,933
-2%
$549,400
6%
2017
$14,228
-4%
$516,800
—
2016
$14,832
-4%
$516,800
—
2015
$15,370
6%
$516,800
13%
2014
$14,453
—
$458,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Barry Realty Group, Peter Castrichini and Joe Castrichini

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1 Sprague St, Revere, MA 02151 (MLS# 73544243) is a Commercial property. 1 Sprague St is currently listed for $1,599,900 and was received on July 02, 2026. Want to learn more about 1 Sprague St? Do you have questions about finding other Commercial real estate for sale in North Lawrence? You can browse all North Lawrence real estate or contact a Coldwell Banker agent to request more information.

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