OFFICE BUILDING / MIXED-USE RE-DEVELOPMENT OPPORTUNITY
371 Cabot Street, Beverly MA
The Mega Group is pleased to make available for immediate acquisition 371 Cabot Street in Beverly Massachusetts. The subject property is a commercial office building with re-development potential into a mixed-use part residential apartments and street-level retail space. The subject property is near downtown Beverly located at the foot of Prospect Hill and within walking distance to parks, shops, restaurants and The Cabot Theater. Utilities consist of four electric meters, one natural gas meter and feature two central HVAC systems and one forced hot water boiler. The location offers quick access to Montserrat rail and Route 128. The total estimated gross building area is 3,709 SF +/- which is currently all commercial use, the property is situated on a corner lot being 7,974 SF +/- and is zoned Neighborhood Commercial (CN) which lends itself to the likelihood of a mixed-use development opportunity. Parking for eight (8) is in the rear and features a large curb cut and two-car garage.
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