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Take-Out Restaurant Space Available
For Lease
$3,795/Mo
Pending

437 Rantoul, Beverly, MA 01915

Restaurant space with parking on a busy Beverly intersection.

Space SizeContact for details
Days on Market176

Property Features for 437 Rantoul

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,400

Building Details

Year Built 9999
Listing Agency: Lokos Realty & Management
Listed By: Julius Sokol
Source: Corcoran
Added: Feb 14 Changed: Aug 8 Last Checked: Apr 5 at 11:23PM

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 Lokos Realty & Management

Investment Insights

Based on property information with market context.

This rarely available take-out establishment is located on a busy intersection in Beverly and includes over 10 parking spaces. Situated on the corner of Rantoul Street and Route 62, this location presents a unique opportunity to open a business. The site was formerly a Scotty Dog location. Other businesses at the intersection include Eastern Bank, Walgreens, and CVS. This location is suited for take-out food concepts such as ice cream, burgers, smoothies, tacos, and coffee. The existing take-out space includes a hood and other equipment ready for use. The location and parking provide many options. A survey is available. Beverly zoning allows for many options.

Key Highlights

  • High‑traffic location at a busy intersection (Rantoul Street and Route 62).
  • 10+ parking spaces, a rare and valuable asset.
  • Existing take‑out space with hood and equipment ready for use.

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Locksmith Nursing Home Fish Market

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,789
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 45% Shops & Services 28% Groceries 27%
Stop & Shop Groceries
36,008 visits/mo 0.5 miles
McDonald's Dining
24,738 visits/mo 0.5 miles
Dollar Tree Shops & Services
16,701 visits/mo 0.0 miles
Speedway Shops & Services
15,345 visits/mo 0.5 miles
Dunkin' Donuts Dining
15,338 visits/mo 0.3 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

Market

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
Rey
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Similar Off Market Nearby

  • Butter Ur Biscuit 131 Rantoul St, Beverly, MA 01915
  • It's The Pit's Barbeque 11 Cedar St, Beverly, MA 01915
  • Creative Catering 58 Park St, Beverly, MA 01915
  • Casual Catering 324 Cabot St, Beverly, MA 01915
  • Teriyaki Plus 131 Rantoul St, Beverly, MA 01915

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant space with parking on a busy Beverly intersection.
Where is this restaurant located?
The property is located at 437 Rantoul Beverly, MA.
What is the lease rate?
The lease rate is $3,795/Mo.
What are key features of this property?
This property features: High‑traffic location at a busy intersection (Rantoul Street and Route 62).; 10+ parking spaces, a rare and valuable asset.; Existing take‑out space with hood and equipment ready for use.
More about this property
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