238 Cabot St, Beverly, MA

$2,100,000

Previous Next

11,278

Square feet

0.12

Acres

About 238 Cabot St

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.

Features of 238 Cabot St

MLS® # 73566222
Price $2,100,000
Square Footage 11,278
Acres 0.12
Year Built 1890
Type Commercial Sale
Status Active

Community Information

Address 238 Cabot St
City Beverly
County Essex
State MA
Zip Code 01915-5717

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Zoning CC

Listing Details

Agent David Hark
Office The Drumlin Group Inc.

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?