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15 River St Beverly, MA 01915

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For Sale
$1,450,000

Three-unit multi-family & three-bay garage.

Property Features for 15 River St

General Information

Property type
Other commercial real estate
Lot Size
6,534 SF

Building Details

Year Built
1960

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Listing Contact
Rosalee Discipio

Listing Agency: Lamacchia Realty, Inc. Listing Agent: Rosalee Discipio

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional mixed-use property in desirable Beverly, MA, presents a lucrative investment opportunity. Situated on a 0.15-acre lot at 15 River Street, this property seamlessly blends residential and commercial uses. The charming multi-family home comprises three distinct rental units, offering immediate income potential. Adjacent to the residence is a substantial three-bay garage, currently utilized as an auto repair shop (business not included in sale). The property's prime location near the commuter rail and major highways ensures convenient access for both residents and commercial operations. This strategic positioning maximizes accessibility and appeal to a wide range of tenants. The property's versatility allows for diverse income streams and potential for future development or expansion. This is an ideal investment for those seeking a blend of residential and commercial income, offering a strong return on investment in a thriving Massachusetts community. The property is being sold as-is. The square footage is not currently available. Serious inquiries only.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Beverly
County
Essex
State
Massachusetts
Longitude
-70.88659
Latitude
42.54415

FAQs

What type of property is this?
Commercial real estate - Three-unit multi-family & three-bay garage.
Where is this commercial real estate located?
The property is located at 15 River St Beverly, MA.
What is the asking price?
The asking price for this property is $1,450,000.
More about this property
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