Commercial for Sale: 240 Rantoul St, Beverly, MA 01915

10,176 sqft
$2,350,000
$2,350,000
240 Rantoul St, Beverly, MA 01915
10,176 sqft
$2,350,000
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Price:
$2,350,000
$275,000 - 08/08/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Square Feet 10,176 sqft
Lot Size 0.21 acres
Year Built 1900
City Beverly
County Essex
MLS 73269885
Status Pending
DOM 115 days
240-244 Rantoul Street is located in the heart of Downtown Beverly, MA, this 3 story mixed-use asset consisting of eight (8) units has not been available for sale since 1990. This generational asset has been well maintained and numerous improvements have been made to the property. The property boasts a rentable square footage of 9,202±, with a total gross of 10,176 ± SF. The property consists of four (4) high-end two-bedroom units, two (2) storefront retail units with high visibility and two (2) industrial units facing Park Street. The property offers their residence coin-op laundry facilities, and twenty-two (22) off-street parking with entrance from Park Street. Each unit is separately metered for gas heat / hot water and electricity. Some notable capital improvements completed in 2023 consist of a new rubber membrane roof, new front façade, two residential units completely renovated, window replacements, and commercial space build-out.

Lot & Building Features

Tax Year 2024
Taxes Paid $20,206

Price History of 240 Rantoul St, Beverly, MA

Date Name Price Difference
08/08/2024 Price Adjustment $2,350,000 10.48%
07/26/2024 Listing Price $2,625,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Jamie Blair, Licensed REALTOR® in NH & MA
Direct: 781-771-1980
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by North Shore Realty Advisors, Dan Pouladian
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240 Rantoul St (MLS #73269885) is a commercial listing located in Beverly, MA. This commercial listing is 10,176 sqft and on a lot of 8,999 sqft (or 0.21 acres) and is 124 years old. This property was listed on 07/26/2024 and has been priced for sale at $2,350,000.

Nearby zip codes are 01905, 01923, 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.