238 Cabot St, Beverly MA 01915

Beverly, MA 01915
$2,100,000
Est. $12,900/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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11,278
Sq Ft
$186
Price/Sq Ft
0.12
Acres
1890
Year Built
21
Days on Market
For Sale Listed Aug 20, 2026 • MLS# 73566222 Copied! • Updated Aug 24, 2026

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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.

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Property History

Property Timeline

🏠
Listed for Sale
Aug 20, 2026
$2,100,000
Original listing
Agent: David Hark Office: The Drumlin Group Inc.

Tax History

Year Taxes Assessment
2026 $24,981 —

Financial Details

Annual Property Tax
$24,981
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1890
Living Area 11,278 sq ft
Lot Size 0.12 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $24,981
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Sale
Year Built
1890
Living Area
11,278 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Beverly School District local
B+
✓ School Safety 2024-25
1.3% Average
1.3% Suspensions 1.3% In-School
↓ 4.2% below state avg
E

Elementary Schools

3 schools
A-
Ayers/Ryal Side School
0.6 mi | #183 of 825 | Score: 55.9
Dropped 130 spots from last year
-2.3 below state avg
402 students Moderate
Strong Attendance
Grades K-04
Bright Horizons
0.7 mi
Grades PK-K
Children's Center for Communication School
0.9 mi
Grades PK-12
M

Middle Schools

2 schools
B+
Beverly Middle School
1.2 mi | #141 of 352 | Score: 45.2
Improved 23 spots from last year
-13 below state avg
1,417 students Moderate
Rising School
Grades 05-08
B-
Collins Middle School
2.7 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
B
Beverly High School
1.1 mi | #155 of 346 | Score: 55.6
Dropped 45 spots from last year
-2.6 below state avg
1,181 students Moderate
17 sports • 1,774 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
Bishop Fenwick High School
2.0 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
Waring School
2.2 mi
Grades 06-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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After down payment
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,082
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

238 Cabot St, Beverly MA 01915

Beverly, MA 01915

Listing Information

Listing Agent David Hark
Listing Office The Drumlin Group Inc.
Office Phone 978-741-3696
Agent MLS ID C8369012
Office MLS ID C95118
Listing Data Updated Aug 24, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
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