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- LoopNet Team
46 Federal St
Beverly, MA 01915
46 Federal Street Downtown Beverly · Land For Sale
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0.18 ac
INVESTMENT HIGHLIGHTS
- Location adjacent to downtown and close to area beaches
PROPERTY FACTS
DESCRIPTION
ATTN: DEVELOPERS/BUILDERS/INVESTORS - Here is your next project! This RHD zoned downtown Beverly lot has an existing small Single Family home that can be removed to allow for the development of up to 6 residential apartments or condos. Seller has conceptual plans of a 3-story building that would allow for 12 parking spaces on ground level and 2 levels of living above with optional rooftop decks attached to top-floor units which would provide partial ocean views per seller / drone footage! ~7783 sq ft GFA. Plan should meet all required zoning regulations & setbacks so no need for zoning relief or variances. Buyer can determine whatever unit mix/layouts, exterior finishes & design they wish. Zoning requires 2 parking spots / unit so up to 6 units would be allowed by right here. Seller will work with buyer & have architect supply floor plans if desired. Amazing downtown Beverly location: steps to dining, shopping, festivals, 3 mins to beach.
