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Properties

  • 495 Cabot St, Beverly, Massachusetts, ,Commercial Sale,For Sale,Cabot St,73461885
Property Description

Prime commercial condominium opportunity in a highly visible Beverly location. Unit 1 is currently leased to MyEyeDr, a well-established national optometry provider, operating as a full-service eye care office. MyEyeDr executed a new 5-year lease extension in December, providing near-term income stability, with an additional 5-year option thereafter. The property offers predictable cash flow within a professionally managed condo complex surrounded by strong demographics. The unit benefits from excellent street presence along Cabot Street, ample nearby parking, and convenient access to Route 128, Route 62, and downtown Beverly. The association handles exterior maintenance and common areas, creating a low-touch ownership structure. Ideal for investors seeking a stabilized medical/office asset in a strong North Shore market or future owner-users looking to acquire a well-located commercial condo with existing income in place. Buyer and buyer’s agent to perform all due diligence.

Features
Amenities:
Elevator(s)
Disclosure
Additional Information
Tax Year:
2025
Status:
Active
Zoning:
CN
Orig Price:
$699,000
LEASE_TYPE:
Gross
Waterfront:
No
MlsStatus:
Active
Address Map
City:
Beverly
State:
MA
County:
Essex
Postal Code:
01915
Longitude:
W71° 6' 51.4''
Latitude:
N42° 33' 56.4''
  • Google Map

Commercial Sale

495 Cabot St, Beverly, Massachusetts

15,000 Sqft
$625,000
Listing ID #73461885
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$625,000
Square Footage :
15,000 Sqft
Year Built :
2004
Lot Area :
1.50 Acre
Listing ID :
73461885
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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