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    306 Cabot St Beverly, MA 01915

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    For Lease
    $33 SF/Yr

    2,921 SF commercial building in downtown Beverly for lease.

    Lot size:
    0.27 Acres

    Property Features for 306 Cabot St

    General Information

    Lot size
    0.27 Acres

    Building Details

    Year built
    1900

    Source: Herrick Lutts Realty Partners Agent Herrick Lutts Realty Partners

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Beverly Commercial Building

    Located at 306 Cabot Street in Beverly, MA, this 2,921-square-foot free-standing commercial building is situated on a 0.27-acre lot in the city's downtown area. The property benefits from a highly visible location in the heart of downtown Beverly, with significant foot and vehicle traffic. The surrounding area includes restaurants, shops, and public transit options. The flexible Central Business (CC) zoning allows for various uses, including retail, office, and food service. The commercial storefront space features a large open area, four private offices, two restrooms, an eat-in kitchen, and abundant storage. On-site parking is available for over 20 vehicles behind the building, with additional on-street public parking available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8789422
    Latitude
    42.5526217

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    FAQs

    What type of property is this?
    Office space - 2,921 SF commercial building in downtown Beverly for lease.
    Where is this office space located?
    The property is located at 306 Cabot St Beverly, MA.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location with high visibility and foot traffic.; - Flexible Central Business (CC) zoning allows for various uses (retail, office, food service).; - Ample on-site parking for over 20 vehicles plus on-street parking.
    (978) 927-1959
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    306 Cabot St Beverly, MA 01915
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    306 Cabot St Beverly, MA 01915
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