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You are here:
Home Massachusetts Beverly Commercial Properties for Sale

277 Rantoul St Beverly, MA 01915

10 Days on Boston Pads
5 Photos
$1,000,000
Type: Commercial
Other (See Remarks)
4050 Bldg. SQFT
Restrooms: N/A
Parking: N/A
277 Rantoul St
Beverly, MA 01915

Property Description

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.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Conforming
  • MLS ID#: 73300875

Financial

  • Gross Annual Expenses: 26326
  • Gross Annual Income: 82800
  • Net Operating Income: 56474
  • Lease Type: Other (See Remarks)

Building Information

  • Total SQFT: 4050

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
10/14/2024Active$1,000,000$247MLSPIN
10/14/2024Active$1,000,000$247MLSPIN
10/10/2024New$1,000,000$247MLSPIN
10/10/2024New$1,000,000$247MLSPIN

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Map & Resources

Saint Mary Star of the Sea School

School

0.2mi

St Mary Star of the Sea

Private School, Grades: PK-8

0.2mi

Saint Marys School

School

0.24mi

Washington-Beedle School

School

0.25mi

Briscoe Middle School

Grades: 7-9

0.31mi

Ayers/Ryal Side School

Public Elementary School, Grades: K-4

0.36mi

Beverly Grammar School

School

0.38mi

The Castle Board Game Cafe

Cafe

0.07mi

The Cotton Mill Cafe

Sandwich & Ice Cream & Greek (Cafe). Offers: Vegetarian

0.41mi

Marika's

American & German Restaurant. Offers: Non Vegetarian, Vegetarian

0.28mi

Beverly Fire Department

Fire Station

0.34mi

Beverly Police Department

Police

0.41mi

Cabot Theatre

Theatre

0.2mi

Innocenti Park

Municipal Park

0.13mi

Odell Park

Municipal Park

0.23mi

Park St Playground

Municipal Park

0.24mi

Beverly Center Business District

Park

0.27mi

Goldway Playground

Municipal Park

0.33mi

Beverly Common

Municipal Park

0.34mi

Beverly Waterfront Park

Private Park

0.4mi

Gage Street Playground

Municipal Park

0.41mi

Beverly Public Library

Library

0.31mi

Charles W Galloupe Memorial Library

Library

0.31mi

Paul M. Scott Library

Library

0.36mi

Charles W. Galloupe Sr. Memorial Librar

Library

0.4mi

Speedway

Gas Station

0.25mi

BonBon Hair Salon

Hair

0.39mi

Speedway

Convenience

0.26mi

Cabot St @ Judson St

451

0.23mi

Cabot St @ Dane St

451

0.24mi

Beverly

Newburyport-Rockport

0.25mi

Cabot St @ Pond St

451

0.25mi

Cabot St @ Federal St

451

0.26mi

Cabot St @ Essex St

451

0.27mi

Cabot St @ Roundy St

451

0.28mi

Elliot St @ Rantoul St

451

0.28mi

Seller's Representative: Sara Pouladian, North Shore Realty Advisors
MLS ID#: 73300875

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2024-10-15 15:04:00

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