25 Cabot St Pending

Beverly,MA 01915

$ 675000

- Bed

- Bath

1613 SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 1,613 sqft

Price per Sqft $418

MLS Listing ID 73263588

Year Built 1964

Annual Tax Amount $10,571

Tax Year 2024

Lot Size 5,662 Sqft

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.

Location

State MA

County Essex

Zoning CC

Exterior

Utilities Available Public Water,Public Sewer

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