Commercial for Sale: 277 Rantoul St, Beverly, MA 01915

4,050 sqft
$1,000,000
$1,000,000
277 Rantoul St, Beverly, MA 01915
4,050 sqft
$1,000,000
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Price:
$1,000,000

Type Commercial
Square Feet 4,050 sqft
Lot Size 0.10 acres
Year Built 1890

City Beverly
County Essex

MLS 73300875
Status Pending
DOM 43 days
277 Rantoul Street is a great opportunity to own a Downtown Beverly mixed-use 2-story property. The asset has a strong long-term restaurant and two (2) oversized one-bedroom units. One unit has expansion possibilities of adding another bedroom and bathroom. The property boasts a rentable square footage of 4,050± with a total gross of 6,039± SF. The property consists of two (2) one-bedroom units with open floor plans on the 2nd floor and a restaurant on the first floor. Residential tenants pay all utilities except for water/sewer and trash. The seller pays $25/month towards trash for the residential units, the restaurant covers the remainder of the trash bill. The restaurant is responsible for 50% of water/sewer charges. This property offers investors an ideal Downtown Beverly sound investment. This asset is located near the Cummings Center, Lahey Medical, and Beverly Depot with various transportation options, and is accessible to all major thoroughfares.

Lot & Building Features

Tax Year 2024
Taxes Paid $14,464

Price History of 277 Rantoul St

Date Name Price Difference
10/10/2024 Listing Price $1,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 277 Rantoul St, Beverly, MA

Location Map Street View
Photo of Celine Frechette
Direct: 603-770-4595
Office
240 Ocean Blvd
Seabrook Beach, NH 03874
603-474-3401
Listed by North Shore Realty Advisors, Sara Pouladian
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6.75%
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277 Rantoul St (MLS #73300875) is a commercial listing located in Beverly, MA. This commercial listing is 4,050 sqft and on a lot of 4,326 sqft (or 0.10 acres) and is 134 years old. This property was listed on 10/10/2024 and has been priced for sale at $1,000,000.

Nearby zip codes are 01923, 01945, 01960, 01970 and 09170. This property neighbors other cities such as Danvers, Marblehead, Peabody, Salem and Wenham.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: North Shore Realty Advisors

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.