$539,900
495 Cabot St # 1
Beverly, MA, 01915
Excellent investment opportunity in Beverly! Offered at $539,900, this commercial condominium generates $64,800 in annual rental income from established national tenant MyEyeDr. The current lease extends through December 2030, with an additional 5-year renewal option through December 2035. If exercised, the renewal option increases monthly rent from $5,400 to $5,832 ($69,984 annually). Located along highly visible Cabot Street, the property offers excellent street presence, ample nearby parking, and convenient access to Route 128, Route 62, and downtown Beverly. Professionally managed condominium association handles exterior maintenance and common areas, providing a low-maintenance investment opportunity. Ideal for investors seeking an established medical/office tenant, predictable rental income, and long-term investment potential. Buyer and buyer’s agent to perform all due diligence.
Property Details
Price:
$539,900
MLS #:
73596781
Status:
Active
Beds:
0
Baths:
1
Type:
Commercial
Listed Date:
Oct 29, 2026
Finished Sq Ft:
15,000
Total Sq Ft:
15,000
Lot Size:
65,340 sqft / 1.50 acres (approx)
Year Built:
2004
Schools
Interior
Exterior
Association Amenities
Elevator(s)
Financial
HOA Fee
$1,038
HOA Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Tax Year
2026
Taxes
$14,518
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Commercial in Beverly as of Nov 08, 2026
4
Commercial Listed
146
Avg DOM
227
Avg $ / SqFt
$1,341,225
Avg List Price
Community
- Address495 Cabot St # 1 Beverly MA
- CityBeverly
- CountyEssex
- Zip Code01915
Subdivisions in Beverly
Similar Listings Nearby
Property Summary
- 495 Cabot St # 1 Beverly MA is a Commercial for sale in Beverly, MA, 01915. It is listed for $539,900 To schedule a showing of MLS#73596781 at 495 Cabot St # 1 in Beverly, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of LAER Realty Partners. 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.
495 Cabot St # 1
Beverly, MA