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On the corner of Federal and Rantoul, 261 Rantoul St delivers a rare mixed-use opportunity in one of Beverly’s strongest growth corridors. This ±3,300 sq ft building has a high-visibility storefront, two residential units, and an oversized garage with a full basement. With flexible use options this property has a lot of potential. A brand new 400-amp electrical system and updated fire alarm systems. Steps from Beverly Depot, the property sits surrounded by new development and consistent commercial demand.For investors, commercial corridor rents commonly reaching $20–$30 per sq ft depending on condition and strong multifamily performance in the surrounding blocks. For end users, the combination of storefront exposure, on-site housing, garage and storage capacity, and walk-to-train access creates a practical footprint that’s increasingly hard to find in downtown Beverly. 261 Rantoul St stands out as a versatile mixed-use asset ready for repositioning, owner-occupancy, or redevelopment.
General Information for 261 Rantoul St Beverly, MA 01915 |
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| Town | Beverly |
| County | Essex |
| Stories | 3 |
| SQFT | 3,231 |
| Status | Available |
| Listing Number | 73459598 (MLSPIN) |
Rooms Information for 261 Rantoul St Beverly, MA 01915 |
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| Laundry | Electric Dryer Hookup Washer Hookup |
Interior Information for 261 Rantoul St Beverly, MA 01915 |
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| Basement | Partial |
| Interior Features | Ceiling Fan(s) Storage Living Room Kitchen Family Room Laundry Room Wood Vinyl Carpet Varies Hardwood |
| Heating | Baseboard Natural Gas Individual Unit Control |
| Cooling | None Window Unit(s) Individual |
| Appliances | Range Refrigerator |
Exterior Information for 261 Rantoul St Beverly, MA 01915 |
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| Lot Size | 0.06 acres |
| Lot Description | Corner Lot Zero Lot Line |
| Construction | Frame |
| Garage | 1 Car Garage |
| Parking | Spaces: 2 Off Street Other |
| Lot | Corner Lot Zero Lot Line |
| Water | Public |
| Sewer | Public Sewer |
| Exterior Features | Fenced |
Neighborhood Information for 261 Rantoul St Beverly, MA 01915 |
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| Neighborhood Amenities | Public Transportation Shopping Park Walk/Jog Trails Laundromat Bike Path Marina T-Station University Sidewalks |
Schools information for 261 Rantoul St Beverly, MA 01915 |
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| Elementary | Edwards |
| Middle | Briscoe |
| High | Beverly |
| General Area Public, Private School and College Information | |
Miscellaneous Information for 261 Rantoul St Beverly, MA 01915 |
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| Year Built | 1900 |
| Association Fee | 0 |
| Taxes | $6,855 /Yr |
| Comp | |
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| Condo | Data |
|---|---|
| Units | 4,647 |
| Avg Price | $949,239 |
| Avg Days Listed | 134 |
| Total New Listings | 2 |
| House | Data |
|---|---|
| Units | 7,514 |
| Avg Price | $1,198,919 |
| Avg Days Listed | 120 |
| Total New Listings | 3 |
| Multi-Family | Data |
|---|---|
| Units | 1,649 |
| Avg Price | $1,375,410 |
| Avg Days Listed | 138 |
| Total New Listings | 2 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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The property listing data and information 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 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 set forth herein.
(C95098/CN257879)
