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Restaurant Space With Bar

211 Rantoul St, Beverly, MA 01915

For Lease
New
$25 SF/Yr

The premises include a dining room, commercial kitchen, private office, employee bathroom, and two accessible restrooms.

Space Size2,315 SF
Days on Market4

Property Features for 211 Rantoul St

General Information

Standard status Active
Size 2,315 SF
Net Rentable 2,315 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 2,315 SF
Contiguous Space 2,315 SF
Floor Ground
Space Use Restaurant

Restaurant

Seating Capacity 64
Commercial Hood Yes
Grease Trap Yes
Liquor License Yes
Second-Generation Restaurant Yes

Additional Details

Anchor Co-Tenants Crave, Taku Sushi Bar, Hammer & Stain, Otto Pizza

Taxes and HOA fees

Annual Taxes $356,451

Amenities

two handicap-accessible restrooms
private office
employee bathroom

Building Details

Year Built 2018
Stories 6
Tenancy Multi
Listing Agency: The Mega Group
Listed By: Jennifer DApice
Source: Donnellyandco
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 4 at 2:46PM

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 The Mega Group

Rey
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Investment Insights

Based on property information with market context.

Configured for restaurant use, the 2,315 +/- square-foot space accommodates 64 seats and includes a dining room, separate bar, and commercial kitchen. Kitchen infrastructure includes a hood, Ansul fire-suppression system, equipment hookups, sinks, and a grease trap. The premises also have two handicap-accessible restrooms, a private office, and a separate employee bathroom. FF&E may be available for purchase. The space is part of a 2018, six-story mixed-use development with 126 apartments above ground-floor commercial space.

The property is in downtown Beverly, steps from the Beverly Depot Commuter Rail station and its adjacent parking garage. Extensive glass frontage faces the surrounding downtown area. A Home Rule Petition Special License is available through the City of Beverly. Nearby businesses named in the listing include Crave, Taku Sushi Bar, Hammer & Stain, and Otto Pizza of Portland, Maine.

Key Highlights

  • 2,315 +/- square‑foot restaurant space with seating for 64
  • Separate dining room and bar, plus a commercial kitchen with hood and Ansul system
  • Two handicap‑accessible restrooms, private office, and separate employee bathroom

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Commercial hood
Yes
Grease trap
Yes
Liquor license
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,423
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Dining 36% Home Improvements & Furnishings 6%
Speedway Shops & Services
15,345 visits/mo 0.3 miles
Dunkin' Donuts Dining
15,338 visits/mo 0.4 miles
TD Bank Shops & Services
5,068 visits/mo 0.2 miles
Moynihan Lumber Of Beverly Home Improvements & Furnishings
1,504 visits/mo 0.2 miles
Kelly Ford, Inc Shops & Services
1,276 visits/mo 0.1 miles

Demographics for 01915, MA

42,341
Population
17,318
Households
2.4
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,982
Density / Sq Mi
$102,347
Median Household Income
$57,989
Median Earnings
$1,684
Median Rent
$619,600
Median Home Value
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Market

Average Price Trend$/SF/Yr for Conventional restaurants in Essex County, MA

$30.32 Jul
$30.35 Aug
$28.32 Sep
$30.99 Oct

Properties on Market for Conventional restaurants in Essex County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The premises include a dining room, commercial kitchen, private office, employee bathroom, and two accessible restrooms.
Where is this conventional restaurant located?
The property is located at 211 Rantoul St Beverly, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 2,315 +/- square‑foot restaurant space with seating for 64; Separate dining room and bar, plus a commercial kitchen with hood and Ansul system; Two handicap‑accessible restrooms, private office, and separate employee bathroom
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