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
Map
Contact Us
Mortgage Calculator
Community
- Address495 Cabot St # 1 Beverly MA
- CityBeverly
- CountyEssex
- Zip Code01915
Subdivisions in Beverly
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 JamesCourtesy 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



