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Downtown Beverly Retail Storefront Available
For Lease
$2,700/Mo NNN

231 Cabot St, Beverly, MA 01915

Retail storefront in downtown Beverly with excellent exposure.

Space SizeContact for details
Days on Market209

Property Features for 231 Cabot St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $9,748

Building Details

Year Built 1890
Listing Agency: The Mega Group
Listed By: Jennifer DApice
Source: Corcoran
Added: Feb 28 Changed: Aug 9 Last Checked: Jul 16 at 12:16PM

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.

Available for lease is a retail storefront located in downtown Beverly on Cabot Street. The space offers approximately 2,350 square feet with windows providing exposure to commuters and area residents. A glass vestibule opens to 1,582 square feet of open area. Windows surround both sides of the space, looking out onto Cabot Street and Church Street. The lower level provides 768 square feet of storage space and access to a private restroom. The retail space is sprinklered. Utilities are separate and include electric, air conditioning, and baseboard heat. The lease is on a triple net basis.

Key Highlights

  • Prime downtown Beverly location on heavily traveled Cabot Street.
  • Approximately 2,350 sq ft retail space with excellent window exposure.
  • Customizable 1,582 sq ft open area.

Property Analytics

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Current Use

Storefront properties

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,398
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Dining 36% Home Improvements & Furnishings 6%
Speedway Shops & Services
15,345 visits/mo 0.2 miles
Dunkin' Donuts Dining
15,338 visits/mo 0.5 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 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefront in downtown Beverly with excellent exposure.
Where is this storefront property located?
The property is located at 231 Cabot St Beverly, MA.
What is the lease rate?
The lease rate is $2,700/Mo.
What are key features of this property?
This property features: Prime downtown Beverly location on heavily traveled Cabot Street.; Approximately 2,350 sq ft retail space with excellent window exposure.; Customizable 1,582 sq ft open area.
More about this property
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