Overview Property Details Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Active

238 Cabot St, Beverly MA 01915

Commercial Sale

Iconic retail and office building located on a highly visible corner lot in Ellis Square within the Beverly central business district. Building is 95% occupied with 75% of tenants under lease through 2029. Second floor has nine individual offices. First floor and basement is leased to one long term tenant. Tenants pay their own electricity costs. Landlord pays the heating costs. Operating expenses are reimbursed by 75% of tenant occupancy. This building is walking distance from city hall, The Cabot Theatre and a multitude of shops and restaurants. Outstanding investment opportunity in a terrific location.

This home has been viewed 2 times

Last Checked: September 14th, 2026 at 9:08pm (Source: MLS PIN #73566222)

General Information for 238 Cabot St, Beverly MA 01915

Listing ID73566222

Property TypeCommercial Sale / Professional/Office

Price$2,100,000

Style

CityBeverly

CountyEssex

Neighborhood(s)Ipswich

ZoningCC

Year Built1890

Disclosures for 238 Cabot St, Beverly MA 01915

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsRefrigerator In Basement And Table In The Kitchen.

Compensation Based On

Contact Information for 238 Cabot St, Beverly MA 01915

Agent

Name: David Hark

Office

Name: The Drumlin Group Inc.

Phone: 978-741-3696

Team Members

Name: Mark Shapiro

Exclusive Listing Agent

The Drumlin Group Inc.

David Hark

Agent Phone

Office Phone

(978) 741-3696

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.12 acres (5,153 SqFt)
    [add_date] => 2026-09-14 21:08:34
    [address] => Cabot St
    [agent] => Array
        (
            [address] => 11 Foss Terrace
            [city] => Marblehead
            [id] => CN234934
            [name] => David Hark
            [national_association] => 454002138
            [office] => C95118
            [state] => MA
            [zip] => 01945
        )

[apod_available] => Array
        (
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 11278
    [approx_lot_size_acres] => 0.12
    [approx_lot_size_sqft] => 5153
    [assessed_value] => $0
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
        )

[bathrooms] => 
    [bedrooms] => 0
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => Professional/Office
        )

[c_type] => Array
        (
            [0] => Commercial Sale
        )

[cap_rate] => 
    [city] => Beverly
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Iconic retail and office building located on a highly visible corner lot in Ellis Square within the Beverly central business district.  Building is 95% occupied with 75% of tenants under lease through 2029.  Second floor has nine individual offices.  First floor and basement is leased to one long term tenant.  Tenants pay their own electricity costs.  Landlord pays the heating costs.  Operating expenses are reimbursed by 75% of tenant occupancy.  This building is walking distance from city hall, The Cabot Theatre and a multitude of shops and restaurants.  Outstanding investment opportunity in a terrific location.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Refrigerator In Basement And Table In The Kitchen.
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-09-14 21:08:34
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73566222
    [neighborhoods] => Ipswich
    [net_income_calc] => -24981
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 
    [office] => Array
        (
            [id] => C95118
            [name] => The Drumlin Group Inc.
            [phone] => 978-741-3696
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 2100000
    [price_per_sqft] => 0
    [price_per_unit] => 2100000
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => Residential
        )

[real_estate_tax] => 24981
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 0
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 238
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2026
    [team] => CN226353,CN234934
    [team_agents] => Array
        (
            [CN226353] => Array
                (
                    [agent_mls_id] => CN226353
                    [full_name] => Mark Shapiro
                    [address] => 600 Loring Avenue
                    [city] => Salem
                    [state] => MA
                    [postal_code] => 01970
                    [national_association_id] => 
                    [office_mls_id] => C95118
                )

[CN234934] => Array
                (
                    [agent_mls_id] => CN234934
                    [full_name] => Jacob VanMeter
                    [address] => 22 Holly Avenue
                    [city] => Lynn
                    [state] => MA
                    [postal_code] => 01904
                    [national_association_id] => 454008367
                    [office_mls_id] => C95118
                )

)

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 24981
    [total_gross_income] => 0
    [total_parking] => 0
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 
    [unit_1_bedrooms] => 
    [unit_1_floor] => 
    [unit_1_lease] => Array
        (
        )

[unit_1_levels] => 
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 
    [unit_2_bedrooms] => 
    [unit_2_floor] => 
    [unit_2_lease] => Array
        (
        )

[unit_2_levels] => 
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 238 Cabot St, Beverly MA 01915
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[year_built] => 1890
    [year_built_details] => 
    [year_built_source] => 
    [year_renovated] => 
    [zip] => 5717
    [zips] => 
    [zoning] => CC
    [zoning_details] => Legal Non-Conforming
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/816744/MLS1.jpg
        )

[raw] => 
)

EXIT