Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

261 Rantoul St

Beverly, MA ID #73459598

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 3 Family
  • Zip Code: 01915
  • Taxes: 6,856
  • Levels: 3
  • Acres: 0.06

Parking

  • Garage: 1
  • Garage Capacity: 2
  • Parking: Off Street, Other
  • Parking Spaces: 2

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 3
  • Total Rooms: 13

Location

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261 Rantoul St, Beverly, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Davis McVay of Keller Williams Realty Evolution. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.