MLS #73461885 image #0
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.
Current real estate data for Commercial in Beverly as of Dec 30, 2025
2
Commercial Listed
82
Avg DOM
196
Avg $ / SqFt
$1,037,000
Avg List Price

Property Details

Price:
$699,000
MLS #:
73461885
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Dec 12, 2025
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
2025
Taxes
$14,397

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Property Summary

    495 Cabot St # 1 Beverly MA is a Commercial for sale in Beverly, MA, 01915. It is listed for $699,000 To schedule a showing of MLS#73461885 at 495 Cabot St # 1 in Beverly, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
495 Cabot St # 1
Beverly, MA