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About the Listing AN8201 - CN248634
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.
Listing Highlights
Status
Active
Days on Site
65
Property Type
Commercial Sale
MLS ®
73461885
Year Built
2004
Total Square Footage
15,000
Lot/Acreage
1.5
County
Essex
HOA Dues
1038
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Zoning: Legal Conforming,Other (See Remarks)
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $14,397
- Taxes w/Assessments: N/A
- Tax/Property ID: M:0042 B:0081 L:00C1,4613601
- Tax Year: 2025
Payment Calculator
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Questions About..
495 Cabot St Unit 1 Beverly, MA 01915
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