$2,100,000
Active238 Cabot St
Beverly, MA, 01915
Commercial · MLS #73566222
Days on market
8 days
Lot size
0.12 ac
0.12 acres
Lot
About this home
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.
Location
238 Cabot St, Beverly, MA, 01915
Listed by David Hark · The Drumlin Group Inc.
Schedule a showing
238 Cabot St
Estimated payment
$13,771 / month
Loan term
- Principal & interest
- $10,796
- Property tax
- $2,100
- Home insurance
- $875
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).
Recently sold
