238 Cabot St Beverly, MA ^$ 2,100,000

238 Cabot St

^$ 2,100,000

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Recently Listed

238 Cabot St

Beverly, MA, 01915

^$ 2,100,000

Bedrooms-- Baths-- Sq 11,278

Monthly Estimate*

^$ 13,260

238 Cabot St, Beverly, MA 01915 - Image 1

Commercial Property for sale in Beverly, MA

for $2,100,000. This 11,278 square foot building was built in 1890 on a lot size of 0.12.

Iconic retail and office building located on a highly visible corner lot in Ellis Square within the Beverly central business district. Building is 95% occupied with 75% of tenants under lease through 2029. Second floor has nine individual offices. First floor and basement is leased to one long term tenant. Tenants pay their own electricity costs. Landlord pays the heating costs. Operating expenses are reimbursed by 75% of tenant occupancy. This building is walking distance from city hall, The Cabot Theatre and a multitude of shops and restaurants. Outstanding investment opportunity in a terrific location.

Commercial Active

Price

^$ 2,100,000

Property Type

Commercial

Taxes

^$ 24,981

Style

Professional/Office

Lot Size

0.12

Year Built

1890

Town/City

Beverly

County/Region

Essex

MLS | Web ID

73566222

List By

David Hark

Listing Agent

The Drumlin Group Inc.

Broker

Affordability Calculator

$15,341

Per Month

Monthly Principal & Interest: $13,260
Monthly Property Taxes: $2,082
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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.

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Trends

Commerical listings in Beverly, MA

Average List Price ^$1,186,250

Percent of Sale Price 44%

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.

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Pricing History

Date	Price	Price Change	Description
8/20/2026	$2,100,000		Listed Price

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238 Cabot St, Beverly, MA, 01915 is a Commercial Property for sale at $2,100,000 with 11,278 sqft and a lot size of 0.12. 238 Cabot St was built in 1890. 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 6.49% 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 8/31/2026.

The real estate information and related content displayed on this site 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.

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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238 Cabot St

Commercial Property for sale in Beverly, MA

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