Commercial Sale at 306 Cabot Street, Beverly MA 01915, Beverly
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$1,250,000

306 Cabot Street, Beverly MA 01915
Beverly, MA 01915
Listed by Herrick Lutts Realty Partners
Bedrooms
N/A
Bathrooms
N/A
Living area
2,921 sqft
Year built
1900

About this home

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

Property details

MLS #
73478651
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
231
On market date
February 19, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.27 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Ayers/Ryal Side School
0.56 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
392
Student:teacher ratio
14.5:1
District
Beverly
Middle
Beverly Middle School
0.96 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,427
Student:teacher ratio
13.5:1
District
Beverly
High
Beverly High
0.85 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,299
Student:teacher ratio
13.8:1
District
Beverly

Walkability

Blended score for Beverly's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

94
Highly walkable
out of 100
EPA National Walkability Index
18.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks20
Schools18
Transit stops20
Pharmacies9

Market position

How this listing compares to current activity in Beverly, from live MLS data.

On the market 231 days -- 144 more days than Beverly's current average of 87 days.
For reference, the median list price across 210 active listings in Beverly right now is $599,995.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,678/mo
$250,000 down
$1,000,000 loan
Principal & interest$6,486
Property tax (est.)$1,042
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated February 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.