A rare opportunity to acquire a trophy mixed-use asset in the heart of Downtown Beverly. Meticulously renovated throughout, the property blends historic character, modern systems, and durable in-place cash flow in one of the North Shore’s most desirable downtown markets. The property contains approximately 6,722± rentable square feet within a 10,223± gross square footage and features three (3) renovated residential units alongside the iconic home of Off Cabot Comedy & Events, a destination entertainment venue with a strong following. The commercial tenancy offers stable income with 5% annual rent escalations, creating built-in NOI growth and long-term stability. The unit mix of one studio, one 1-bedroom, & one 3-bedroom underwent gut renovations with sun-filled open floor plans, soaring ceilings, hardwood flooring, beautiful woodwork, large bathrooms, eat-in kitchens, and in-unit laundry. Fantastic opportunity to own a gorgeous property right in Downtown Beverly.
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2026 | $360,300 | $758,000 | $1,118,300 | — |
| Date | Price | Book/Page |
|---|---|---|
| Apr 22, 2016 | $690,000 | — |
Permit history not yet available for this municipality.
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Sqft | 6,722 | 6,722 | ✓ |
| Year built | 1,860 | 1,860 | ✓ |
7-11 Wallis St, Beverly MA 01915
Beverly, MA 01915
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/08/2026 | 🏠 Listed for Sale | $1,885,000 | - | - | Original listing |
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