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    15 River St Beverly, MA 01915

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    For Lease
    $2,600 /Mo

    2-Bay industrial space with office, near Beverly Depot.

    Lot size:
    0.15 Acres

    Property Features for 15 River St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1960

    Source: The Mega Group Agent Jennifer DApice

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

    Overview

    Industrial Space Available for Rent

    This 2-bay industrial space is available for immediate occupancy. It features a clear height of approximately 12 feet. The unit includes two 10 x 12 drive-in doors and a private bathroom. The space measures approximately 32 feet wide by 25 feet deep, and includes a reception/entry area along with two rooms suitable for office use. Heat is included; however, tenants are responsible for supplemental heating and other utilities. Note that auto repair, auto body, and granite uses are not permitted. The property is centrally located just off Route 62, approximately a quarter mile from the Beverly Depot Commuter Rail Station and approximately 4 miles from Route 128 N/S.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Butter Ur Biscuit, Creative Catering, Casual Catering, Teriyaki Plus

    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8865731
    Latitude
    42.5442403

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    FAQs

    What type of property is this?
    Flex space - 2-Bay industrial space with office, near Beverly Depot.
    Where is this flex space located?
    The property is located at 15 River St Beverly, MA.
    What are key features of this property?
    This property features: - Immediate occupancy available; - Centrally located near Route 62, Beverly Depot Commuter Rail, and Route 128; - Includes two drive-in doors (10 x 12)
    (508) 612-3767
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    15 River St Beverly, MA 01915
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 River St Beverly, MA 01915
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