25 Cabot StBeverly, MA 01915

This 1,613 sq ft retail building at 25 Cabot St, Beverly, MA 01915, presents a unique redevelopment opportunity. Built in 1964, this single-story, concrete block structure with a membrane roof sits on a 0.128-acre lot (5,593 sq ft) and offers nine paved parking spaces. Currently zoned CC/CC2 (Central Business), it allows for mixed-use development, potentially including residential apartments or condominiums, capitalizing on its waterfront views and proximity to downtown Beverly, parks, shops, and restaurants. The property features a central HVAC system, hard-wired life safety devices, one electric meter, and one natural gas meter. Its convenient location near Beverly Depot and the intersection of Routes 1A and 22 provides easy access to Route 128 and both Gloucester and Boston. The asking price is $675,000. This property is ideal for investors seeking a mixed-use project with significant upside potential in a thriving waterfront community.