306 Cabot St - Office FOR SALE


Beverly, MA 01915- Downtown Beverly
$1,250,000 USD
978-235-4795
306 Cabot St, Beverly, MA for Sale
$1,250,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

NEW


306 Cabot St
Beverly, MA 01915
Downtown Beverly


OVERVIEW

FORE SALE & LEASE 306 Cabot Street presents a rare opportunity to own a free-standing commercial building in the heart of downtown Beverly. Formerly configured as office space, this 2,921 SF property sits on a 0.27-acre lot with highly desirable Central Business (CC) zoning, allowing for a wide variety of potential uses including retail, office, food service, potential redevelopment to apartments. The interior offers a flexible layout featuring a spacious open storefront area, four private offices, two restrooms, an eat-in kitchen, and abundant storage. The property benefits from exceptional visibility, strong foot and vehicle traffic, and proximity to restaurants, shops, and public transportation. A standout feature is the expansive on-site parking area accommodating 20+ vehicles, complemented by additional on-street public parking. Ideal for investors or owner-users seeking a prominent downtown location with versatility and convenience.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$428 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

CC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rich VincentHerrick Lutts CommercialMore Info
978-235-4795

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Rich VincentHerrick Lutts CommercialMore Info
978-235-4795

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.