Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

25 Cabot St

Beverly, MA ID #73263588

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25 Cabot St

- Beverly, MA ID #73263588

Property Description

Custom Medicine is moving to 140 Rantoul Street in Fall '24 - Available for immediate acquisition is this commercial / retail building with re-development potential into a mixed-use residential apartments or condominiums with water views and street-level commercial space. Location is near downtown Beverly overlooking Beverly Harbor and within walking distance to parks, shops, and restaurants. Utilities consist of one electric meter, one natural gas meter and feature a rooftop central HVAC system and hard-wired life safety devices. The subject property contains 0.128 acres of land or 5,593 +/- square feet mainly classified as Small Retail with a commercial building 1,613 +/- square feet in footprint and built about 1964, having Concrete Block exterior and Membrane roof cover and is zoned CC/CC2 (Central Business / Central Business Cabot) which lends itself to the likelihood of a mixed-use development opportunity. Parking for nine (9) in paved parking lot with a large curb cut.

Additional Details

  • Status: ACT
  • Zip Code: 01915
  • Taxes: 10,571
  • Acres: 0.13
  • Selling Broker Compensation: 2%
  • Buying Broker Compensation: 2%

Parking

  • Parking Spaces: 9

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Brian DApice of The Mega Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.