Unit Information
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
- Levels: 3
- Parking
- Garage: 1
- Garage Capacity: 2
- Parking: Off Street, Other
- Parking Spaces: 2
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 3
- Total Rooms: 13
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$849,900
- Listing ID: 73459598
- Bedrooms: 5
- Full Baths: 2
- Half Baths: 2
- Living Area: 3,231 sqft Convert
- Lot Size: 2,522 sqft Convert
- Acres: 0.06
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |