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.
Property Details
Price:
$675,000
MLS #:
73263588
Status:
Active
Beds:
0
Baths:
1
Address:
25 Cabot St
Type:
Commercial
City:
Beverly
Listed Date:
Jul 11, 2024
State:
MA
Finished Sq Ft:
1,613
Total Sq Ft:
1,613
ZIP:
01915
Lot Size:
5,593 sqft / 0.13 acres (approx)
Year Built:
1964
Schools
Interior
Exterior
Parking Spots
9
Financial
Tax Year
2024
Taxes
$10,571
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CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
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25 Cabot St
Beverly, MA
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