3 Oak Street is a ±0.91-acre (±39,701 SF) redevelopment site in the village center of Beverly Farms, positioned directly adjacent to the Beverly Farms MBTA Commuter Rail Station on the Newburyport/Rockport Line. The site is improved with building totaling ± 1907 SF, built circa 1930.
The property is zoned CN (Neighborhood Commercial), a district established to allow limited-scale commercial development intended primarily to serve the surrounding residential neighborhood. Potential redevelopment uses — including mixed-use, multifamily, condominium, boutique hospitality, retail, medical/professional office, and adaptive reuse — are subject to municipal approvals, which may include Planning Board site plan review, Board of Appeals special permit, and/or Design Review Board review depending on the scope of the proposal.
A key feature of the site is its on-site parking — a rare offering in the Beverly Farms village center. The property is walkable to village restaurants and retail, roughly 20 miles from Downtown Boston, with direct commuter rail access to the city.
Property offered subject to easements, restrictions, covenants, and agreements of record, including certain historic railroad-related rights and obligations that may affect portions of the site, including parking areas. Buyer to independently verify all information and conduct its own due diligence.
Jimmy Yfantopulos
Beacon Group
