175-181 Rantoul Street, Beverly, MA 01915
3,214 SF commercial building with full basement in Beverly.
- Added:
- Jan 21, 2026
- Days on Market:
- 138
- Last Refresh:
- Apr 21 at 6:23 am
Property Features for 175-181 Rantoul Street
General Information
- Standard status
- Active
- Size
- 3,214 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing agent Eric Szczepkowski
Listing office Tri Town Associates
Listing date Jan 21, 2026
Source Stevebremis
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Tri Town Associates
HighLights
- Prime downtown Beverly location on highly visible Rantoul Street (Route 1A).
- 3,214 sq ft of street‑level commercial space plus a full 3,214 sq ft basement.
- Central Commercial (CC) zoning permits diverse retail, restaurant, service, office, and commercial uses.
- Strong visibility with large storefront windows and prominent street frontage.
- Located in the heart of Beverly's primary retail and restaurant district.
- High pedestrian and vehicle traffic due to surrounding businesses.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.6k | $45.60 |
| − Vacancy | −$27.1k | −$8.44 |
| EGI | $119.4k | $37.16 |
| − OpEx | −$29.9k | −$9.29 |
| NOI | $89.6k | $27.87 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Stop & Shop Florist — 224 Elliott St, Beverly, MA 01915
- Anything Balloons & Flowers — 140 elliott st, beverly, ma 01915
- Karla Cassidy Designs — 214 Rantoul St, Beverly, MA 01915
Location Insight
- Map
- Local Demand
- City
- Beverly
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.8839198
- Latitude
- 42.5476164
