$625,000
495 Cabot St # 1
Beverly, MA, 01915
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.
Property Details
Price:
$625,000
MLS #:
73461885
Status:
Active
Beds:
0
Baths:
0
Address:
495 Cabot St # 1
Type:
Commercial
City:
Beverly
Listed Date:
Dec 12, 2025
State:
MA
Finished Sq Ft:
15,000
Total Sq Ft:
15,000
ZIP:
01915
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
2025
Taxes
$14,397
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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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
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