Listing Tools

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.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number M:0042 B:0081 L:00C1,4613602
  • Unit Number1

Property

  • Acreage1.5

Property Information

  • Living Area 15,000
  • Lot Size Square Feet 65,340
  • Lot Size Units Acres
  • Square Feet15,000

Tax Information

  • Tax Year 2025
  • Taxes$14,397

Location

  • Address495 Cabot Street
  • Building Number495
  • CountyEssex
  • StateMA
  • StreetCabot Street
  • TownBeverly
  • Zip01915

Other

  • Association Fee $1,038
  • Association Fee Includes
    • Insurance
    • Maintenance Grounds
    • Maintenance Structure
    • Sewer
    • Snow Removal
    • Trash
    • Water
  • Association YN Yes
  • Date Listed12/12/2025
  • Farm Land Area Units Square Feet
  • View Count18

Basic Information

  • List Price$595,000
  • MLS Number73461885
  • Modification Date04/14/2026

Building

  • Building Area Units Square Feet
  • Year Built2004

Amenities

  • Association Amenities Elevator(s)

Map Location

Listed by Shawn Blades of Re/Max Innovative Properties

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

I agree to receive marketing and customer service calls and text messages from In Realty Inc. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.