495 Cabot St # 1 Beverly, MA ^$ 699,000

495 Cabot St # 1

^$ 699,000

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495 Cabot St # 1

Beverly, MA, 01915

^$ 699,000

Bedrooms-- Baths-- Sq 15,000

495 Cabot St # 1, Beverly, MA 01915 - Image 1

Property for Rent in Beverly, MA

for $699,000. This 15,000 square foot property was built in 2004 on a lot size of 1.5.

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.

Rental Active

Price

^$ 699,000

Taxes

^$ 14,397

Style

Commercial Condo

Lot Size

1.5

Year Built

2004

Town/City

Beverly

County/Region

Essex

MLS | Web ID

73461885

List By

Shawn Blades

Listing Agent

Re/Max Innovative Properties

Broker

Nearby

Trends

About Beverly, MA

41,811 Population

5% Since 2002

^$75,641 Median Income

41.37 Median Age

23% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
12/12/2025	$699,000		Listed Price

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495 Cabot St # 1, Beverly, MA, 01915 is a Property for Rent at $699,000 with 15,000 sqft and a lot size of 1.5. 495 Cabot St # 1 was built in 2004. The property's zip code is 01915 which is in Beverly, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 12/28/2025.

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The property listing data and information, or the Images, 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, 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. 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, or as to the accuracy of any of the Images, set forth herein.

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495 Cabot St # 1

Property for Rent in Beverly, MA

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