There are multiple listings for this address:
$1,885,000
7-11 Wallis St
Beverly, MA, 01915
A rare opportunity to acquire a trophy mixed-use asset in the heart of Downtown Beverly. Meticulously renovated throughout, the property blends historic character, modern systems, and durable in-place cash flow in one of the North Shore’s most desirable downtown markets. The property contains approximately 6,722± rentable square feet within a 10,223± gross square footage and features three (3) renovated residential units alongside the iconic home of Off Cabot Comedy & Events, a destination entertainment venue with a strong following. The commercial tenancy offers stable income with 5% annual rent escalations, creating built-in NOI growth and long-term stability. The unit mix of one studio, one 1-bedroom, & one 3-bedroom underwent gut renovations with sun-filled open floor plans, soaring ceilings, hardwood flooring, beautiful woodwork, large bathrooms, eat-in kitchens, and in-unit laundry. Fantastic opportunity to own a gorgeous property right in Downtown Beverly.
Property Details
Price:
$1,885,000
MLS #:
73531689
Status:
Active
Beds:
5
Baths:
4.5
Type:
Multi Family
Listed Date:
Jun 8, 2026
Finished Sq Ft:
6,722
Total Sq Ft:
6,722
Lot Size:
4,317 sqft / 0.10 acres (approx)
Year Built:
1860
Schools
Interior
Exterior
Financial
Tax Year
2025
Taxes
$12,290
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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Current real estate data for Multi Family in Beverly as of Jun 15, 2026
7
Multi Family Listed
22
Avg DOM
404
Avg $ / SqFt
$1,340,700
Avg List Price
Community
- Address7-11 Wallis St Beverly MA
- CityBeverly
- CountyEssex
- Zip Code01915
Subdivisions in Beverly
Similar Listings Nearby
Property Summary
- 7-11 Wallis St Beverly MA is a Multi Family for sale in Beverly, MA, 01915. It is listed for $1,885,000 To schedule a showing of MLS#73531689 at 7-11 Wallis St in Beverly, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of North Shore Realty Advisors. 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.
7-11 Wallis St
Beverly, MA
$1,885,000
7-11 Wallis St
Beverly, MA, 01915
A rare opportunity to acquire a trophy mixed-use asset in the heart of Downtown Beverly. Meticulously renovated throughout, the property blends historic character, modern systems, and durable in-place cash flow in one of the North Shore’s most desirable downtown markets. The property contains approximately 6,722± rentable square feet within a 10,223± gross square footage and features three (3) renovated residential units alongside the iconic home of Off Cabot Comedy & Events, a destination entertainment venue with a strong following. The commercial tenancy offers stable income with 5% annual rent escalations, creating built-in NOI growth and long-term stability. The unit mix of one studio, one 1-bedroom, & one 3-bedroom underwent gut renovations with sun-filled open floor plans, soaring ceilings, hardwood flooring, beautiful woodwork, large bathrooms, eat-in kitchens, and in-unit laundry. Fantastic opportunity to own a gorgeous property right in Downtown Beverly.
Property Details
Price:
$1,885,000
MLS #:
73531691
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Jun 8, 2026
Finished Sq Ft:
6,722
Total Sq Ft:
6,722
Lot Size:
4,317 sqft / 0.10 acres (approx)
Year Built:
1860
Schools
Interior
Exterior
Financial
Tax Year
2025
Taxes
$12,290
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…
More About MarieMortgage Calculator
Map
Current real estate data for Commercial in Beverly as of Jun 15, 2026
7
Commercial Listed
22
Avg DOM
404
Avg $ / SqFt
$1,340,700
Avg List Price
Community
- Address7-11 Wallis St Beverly MA
- CityBeverly
- CountyEssex
- Zip Code01915
Subdivisions in Beverly
Similar Listings Nearby
Property Summary
- 7-11 Wallis St Beverly MA is a Commercial for sale in Beverly, MA, 01915. It is listed for $1,885,000 To schedule a showing of MLS#73531691 at 7-11 Wallis St in Beverly, MA, contact your Pegasus Realty LLC agent at 781-858-3505.