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(781) 223-5813
(781) 223-5813 Email (781) 223-5813
Mary Ellen McDonough
REALTOR®
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495 Cabot St, Unit 1
Beverly, MA 01915

$539,900

1 Photos

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Listing Details

  • $539,900
  • MLS# 73596781
  • Type Commercial - Business
  • Status Active
  • 15,000
    Square Feet
  • 1.500 acres
    Lot Size
  • 2004
    Year Built
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Listed By

Agency Name: Re/Max Innovative Properties
Agent Name: Shawn Blades
Agency Phone: 978-452-4432

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Shown By

Agent Name: Mary Ellen McDonough
Agent Phone: (781) 223-5813
Agency Title: Donahue Real Estate Co.

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Home Value Estimate

Description

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...read more

Features

  • $14,518 Taxes
  • Built in 2004
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Listed By

Agency Name: Re/Max Innovative Properties
Agent Name: Shawn Blades
Agency Phone: 978-452-4432

agent picture

Shown By

Agent Name: Mary Ellen McDonough
Agent Phone: (781) 223-5813
Agency Title: Donahue Real Estate Co.

IDX logo

Mary Ellen McDonough
Mary Ellen McDonough Office: (781) 223-5813 Cell: (781) 223-5813 Email Me
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/29/2026. The listing information on this page last changed on 10/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 10/29/2026 5:20:48 PM EST) or MLSPIN MLS (last updated Thu 10/29/2026 5:18:46 PM EST) or Cape Cod / Islands MLS (last updated Thu 10/29/2026 5:17:16 PM EST). Real estate listings held by brokerage firms other than Donahue Real Estate Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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