FOR SALE & LEASE 306 Cabot Street presents a rare opportunity to own a free-standing commercial building in the heart of downtown Beverly. Formerly configured as office space, this 2,921 SF property sits on a 0.27-acre lot with highly desirable Central Business (CC) zoning, allowing for a wide variety of potential uses including retail, office, food service, potential redevelopment to apartments. The interior offers a flexible layout featuring a spacious open storefront area, four private offices, two restrooms, an eat-in kitchen, and abundant storage. The property benefits from exceptional visibility, strong foot and vehicle traffic, and proximity to restaurants, shops, and public transportation. A standout feature is the expansive on-site parking area accommodating 20+ vehicles, complemented by additional on-street public parking. Ideal for investors or owner-users seeking a prominent downtown location with versatility and convenience. For Lease Details See MLS# 73451037
306 Cabot Street, Beverly, MA, 01915
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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