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    240 Elliott St Beverly, MA 01915-2419
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    Property profile & analytics

    240 Elliott St Beverly, MA 01915-2419


    • Commercial real estate
    • 6,598 SF
    • 2.38 lot acres
    Off-Market
    Last Sale Oct 22, 2021
    $4,975,000
    Property ID
    US38-1301859
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $5,285,000
    Show details
    Cap Rate Potential
    2.1%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 240 Elliott St

    Year built
    1960
    Construction
    CONCRETE
    Lot size
    2.38 lot acres
    Property size
    6,598 SF
    Zone code
    CG
    Property type
    Commercial real estate
    APN
    BEVE M:0019 B:0104 L:
    APU
    BEVEM0019B0104L

    Description

    This turnkey business opportunity presents the chance to own "The Corner Butcher Shop," a well-established butcher shop located at 240 Elliott St, Beverly, MA 01915. The 2,000 square foot, single-story building sits on a 2.3-acre lot and is zoned CG. Built in 1960, this Class B property boasts a loyal customer base and steady sales, specializing in high-end, all-natural, and responsibly sourced meats and local products. The business enjoys a prime location in a high-traffic area, ensuring consistent customer flow. The asking price is $100,000, translating to $50 per square foot. This owner/user investment opportunity is perfect for an entrepreneur looking to step into a profitable, established business with a strong reputation for quality and customer service. The property is a single unit, offering a turnkey operation ready for immediate ownership. This is a rare opportunity to acquire a thriving business with a proven track record in a desirable location. Don't miss this chance to own a piece of Beverly's culinary scene.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,305,000
      ML approach
      $6,505,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,660,000
      Market price range: $1.10M - $3.95M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8901
    Latitude
    42.5559
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $54,661
    $895,400
    $1,600,600
    $2,496,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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