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.
Property Features
Cooling Information
None
Window Unit(s)
Heating Information
Natural Gas
Baseboard
House Interior
Ceiling Fan(s)
Storage
Parking
Off Street
Other
Waterfront and Water Access
River Front
Water Features
Public
Basement
Partial
School Information
School Information for 261 Rantoul St, Beverly, MA 01915
Elementary School
Edwards
Middle School
Briscoe
High School
Beverly
Listing Courtesy: Keller Williams Realty Evolution - 978-927-8700