495 Cabot St # 1, Beverly MA 01915

Beverly, MA 01915
$699,000
Est. $5,972/month
15,000
Sq Ft
$47
Price/Sq Ft
1.50
Acres
2004
Year Built
12 hours 38 minutes
Time on Market
Active Listed Dec 12, 2025 • MLS# 73461885 Copied!

About this home

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 Overview

Listing Type
Commercial Sale
Year Built
2004
Living Area
15,000 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 2004
Living Area 15,000 sq ft
Lot Size 1.50 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $14,397
HOA Yes
HOA Fee $1,038

Interior Features

Flooring:
Appliances:
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Basement:
Laundry:
Security:

Construction & Materials

Year Built: 2004
Structure Type:
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Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
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Sewer:
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Exterior & Lot

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

Parking & Garage

Parking Features:

Location

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Neighborhood

495 Cabot St # 1, Beverly MA 01915

Beverly, MA 01915

Walkability

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Schools

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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
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Over life of loan
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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 $1,200
Homeowners Insurance $200
HOA Fee $1,038/mo
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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Current Rate
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+0.5% Rate
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Cost $0/mo

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.

Property History

Property Timeline

🏠
Listed for Sale
Dec 12, 2025
$699,000
Original listing
Agent: Shawn Blades Office: Re/Max Innovative Properties

Price & Status History

Date Event Price Change
Dec 12, 2025 New Listing Added $699,000

Market Statistics

Time on Market
12 hours 38 minutes
Price per Sq Ft
$47

Tax History

Year Taxes Assessment
2025 $14,397

Financial Details

Annual Property Tax
$14,397
Tax Year 2025
HOA Fee
$1,038
Per month

Listing Information

Listing Agent Shawn Blades
Listing Office Re/Max Innovative Properties
Agent MLS ID CN248634
Office MLS ID AN8201
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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495 Cabot St # 1, Beverly MA 01915 - Photo 1

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