495 Cabot St # 1 Beverly, MA $ 539,900
495 Cabot St # 1
$ 539,900
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495 Cabot St # 1

Beverly, MA, 01915
$ 539,900
Bedrooms-- Baths1.0 Sq 15,000
495 Cabot St # 1, Beverly, MA 01915 - Image 1

Property for Rent in Beverly, MA

for $539,900 with 1 full bath. This 15,000 square foot property was built in 2004 on a lot size of 1.5.

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 common areas, providing a low-maintenance investment opportunity. Ideal for investors seeking an established medical/office tenant, predictable rental income, and long-term investment potential. Buyer and buyer's agent to perform all due diligence.

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Rental Active

Price

$ 539,900

Full Bath

1

Taxes

$ 14,518

Style

Commercial Condo

Lot Size

1.5

Year Built

2004

Town/City

Beverly

County/Region

Essex

MLS | Web ID

73596781

List By
Shawn Blades

Listing Agent

Re/Max Innovative Properties

Broker

Nearby

Neighborhood & Schools

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Pricing History
DatePricePrice ChangeDescription
10/30/2026$539,900 Listed Price

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495 Cabot St # 1, Beverly, MA, 01915 is a Property for Rent at $539,900 with 15,000 sqft and a lot size of 1.5. 495 Cabot St # 1 has 1.0 baths and was built in 2004. The property's zip code is 01915 which is in Beverly, MA