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238 Cabot St, Beverly MA 01915
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$2,100,000

238 Cabot St, Beverly MA 01915
Beverly, MA 01915
Listed by David Hark
Bedrooms
N/A
Bathrooms
N/A
Living area
11,278 sqft
Year built
1890

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.

Property details

MLS #
73566222
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
August 20, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.12 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Ayers/Ryal Side School
0.6 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
392
Student:teacher ratio
14.5:1
District
Beverly
Middle
Beverly Middle School
1.19 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,427
Student:teacher ratio
13.5:1
District
Beverly
High
Beverly High
1.1 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,299
Student:teacher ratio
13.8:1
District
Beverly

Mortgage calculator

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Est. monthly payment
$12,796/mo
$420,000 down
$1,680,000 loan
Principal & interest$10,896
Property tax (est.)$1,750
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 5 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.