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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
Value Estimations
$6,305,000
Show details
Cap Rate Potential
2.1%
Commercial real estate
Location Intelligence
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.

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

Get a detailed, property-specific valuation — 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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