Investment Opportunity 49 Federal St., 272 Rantoul St. plus 2 lots, (47 Federal & 268 Rantoul) Combining buildings and lots the property spans approximately 9,710 SF. Includes existing business that has operated since 1936, with the current structure built in 1975.Potential Mixed use development, subject to city approval, there’s potential to merge all parcels for mixed use development integrating residential and commercial spaces. Vertical Expansion: Opportunity exists to build above existing retail establishment, maximizing the property’s utility and value. Strategic Location; Situated in prime area enhancing the appeal of any new development. Versatile Usage: The potential for mixed-use designation allows for a blend of residential units and commercial spaces, catering to diverse market demands.
Property Details
Price:
$1,800,000
MLS #:
73341389
Status:
Active
Beds:
0
Baths:
0
Address:
272268 + Rantoul
Type:
Commercial
City:
Beverly
Listed Date:
Mar 5, 2025
State:
MA
Finished Sq Ft:
5,993
Total Sq Ft:
5,993
ZIP:
01915
Lot Size:
9,710 sqft / 0.22 acres (approx)
Year Built:
1936
Schools
Interior
Exterior
Parking Spots
12
Financial
Tax Year
2024
Taxes
$14,669
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CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
More About JamesCourtesy of Churchill Properties. 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.
272268 + Rantoul
Beverly, MA
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