Pending

Under Agreement

240 Rantoul St

Beverly MA, 01915

$2,350,000


$230.94 per sqft

Pending

Under Agreement

10,176 sqft

Commercial

Built in 1900

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 facade, two residential units completely renovated, window replacements, and commercial space build-out.

73269885

MLS ID

July 26, 2024

Listed

November 22, 2024

Updated

Map

240 Rantoul St
Beverly MA, 01915

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.21 Acres

Other Property Details

Taxes

$20,206


Tax Frequency

Annually


Garage

No


Parking Total

22


View

No


County

Essex


Pool

No


Zoning

CC

Listing History

Date

Event

Price

8/12/2024

Pending

8/8/2024

Price change

$2,350,000

-11%

 

Courtesy of Dan Pouladian, North Shore Realty Advisors

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Data last updated 11:19 PM UTC, 11/22/2024

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