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495 Cabot St # 1, Beverly MA 01915

Commercial Sale

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.

This home has been viewed 5 times

Last Checked: October 30th, 2026 at 10:13am (Source: MLS PIN #73596781)

General Information for 495 Cabot St # 1, Beverly MA 01915

Listing ID73596781

Property TypeCommercial Sale / Commercial Condo

Price$539,900

Style

CityBeverly

CountyEssex

Neighborhood(s)Ipswich

ZoningCN

Association0

Year Built2004

Disclosures for 495 Cabot St # 1, Beverly MA 01915

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.

Compensation Based On

Contact Information for 495 Cabot St # 1, Beverly MA 01915

Agent

Name: Shawn Blades

Office

Name: Re/Max Innovative Properties

Phone: 978-452-4432

Team Members

Name: Dee Blades

Exclusive Listing Agent

Re/Max Innovative Properties

Shawn Blades

Agent Phone

Office Phone

(978) 452-4432

Text Agent Call Agent Call Office

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EXIT