495 Cabot St, Beverly, MA 01915
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$699,000
Type: Commercial Condo
Gross
15000 Bldg. SQFT
N/A Restrooms
Parking: N/A

Property Description

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.

Property Details tap to expand

Property Information

  • Type: Commercial Condo
  • MLS ID#: 73461885

Building Information

  • Total SQFT: 15000

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/12/2025New$699,000$47MLSPIN
11/30/2025Expired$775,000MLSPIN
09/27/2025Temporarily Withdrawn$775,000MLSPIN
09/12/2025Active$775,000MLSPIN
09/08/2025Price Change$775,000MLSPIN
08/23/2025Active$825,000MLSPIN
08/19/2025Price Change$825,000MLSPIN
06/24/2025Active$850,000MLSPIN
06/20/2025New$850,000MLSPIN

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Seller's Representative: Shawn Blades, Re/Max Innovative Properties
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-12-12 13:48:00

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