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Commercial Kitchen Space with Bar
For Sale
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137 Cabot St, Beverly, MA 01915

Third-floor space combines food-preparation infrastructure, event-oriented finishes, elevator service, and dedicated restroom facilities.

Property Size1,910 SF
Price / SF$0.88
Days on Market125

Property Features for 137 Cabot St

General Information

Standard status Active
Size 1,910 SF
Lease Term Existing Lease Type: "Other (See Remarks)"

Additional Details

Floor 3
Road Access Yes
Commercial Hood Yes

Amenities

elevator access
women's bathroom
men's bathroom
handicap accessible bathroom
bar setup
coat closet

Building Details

Building Size 1,910 SF
Year Built 1910
Listing Agency: The Mega Group
Listed By: Colleen Cohan · License #452508574
Source: Iverty
Added: Apr 28 Changed: Aug 30 Last Checked: Aug 30 at 11:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Mega Group

Investment Insights

Based on property information with market context.

Lease opportunity within the historic Union Club building, constructed in 1910. The third floor encompasses approximately 2,500 +/- square feet and includes hardwood flooring, nine windows, a bar installation, and a coat closet. A compact commercial kitchen is equipped with a hood, stove, refrigerators, and preparation tables. Men’s, women’s, and handicap-accessible restrooms serve the space, with elevator access directly to the floor.

The mixed-use property fronts Cabot Street in downtown Beverly, with metered parking behind the building. The Beverly Depot Commuter Rail Station is nearby, adding rail access to the property’s downtown setting. The space was formerly operated as a function hall.

Key Highlights

  • Approximately 2,500 +/- square feet on the third floor
  • Commercial kitchen with hood, stove, refrigerators, and prep tables
  • Bar setup, hardwood floors, nine windows, and coat closet

Property Analytics

Current Use

Commercial kitchens

Suggested Use

Top Pick Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,236
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Home Improvements & Furnishings 9%
Speedway Shops & Services
15,345 visits/mo 0.4 miles
TD Bank Shops & Services
5,068 visits/mo 0.1 miles
Moynihan Lumber Of Beverly Home Improvements & Furnishings
1,504 visits/mo 0.4 miles
Kelly Ford, Inc Shops & Services
1,276 visits/mo 0.3 miles
Rexel Home Improvements & Furnishings
979 visits/mo 0.4 miles

Demographics for 01915, MA

42,341
Population
17,318
Households
2.4
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,982
Density / Sq Mi
$102,347
Median Household Income
$57,989
Median Earnings
$1,684
Median Rent
$619,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial kitchen - Third-floor space combines food-preparation infrastructure, event-oriented finishes, elevator service, and dedicated restroom facilities.
Where is this commercial kitchen located?
The property is located at 137 Cabot St Beverly, MA.
What are key features of this property?
This property features: Approximately 2,500 +/- square feet on the third floor; Commercial kitchen with hood, stove, refrigerators, and prep tables; Bar setup, hardwood floors, nine windows, and coat closet
More about this property
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