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$675,000 -$24,000 (-3.43%) Price Reduced

  • For Sale
  • Active
  • Commercial
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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.

Full Property Details for 495 Cabot St #1

General

  • Price: $675,000
  • HOA FEE: $1,038
  • Taxes: $14,397 (2025)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73461885
  • Updated: 1/19/2026
  • Added to Site: 38 day(s) ago

Location

  • County: Essex

Structural Information

  • Square Feet: 15,000
  • Year Built: 2004

Lot Features

  • Lot Size (Acres): 1.5

Financial Considerations

  • Association Fee: $1,038
  • Tax Amount: $14,397
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: 3 Deeded Parking spaces for this unit.
  • Property ID: M:0042 B:0081 L:00C1, 4613601

Listed by Re/Max Innovative Properties, Shawn Blades and Dee Blades

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Listing agents

— 495 Cabot St #1 —

  • Shawn Blades

    Re/Max Innovative Properties

  • Dee Blades

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 495 Cabot St #1

School District:Beverly School District
NameGradesDistance
Beverly High School
100 Sohier Rd, Beverly, MA 01915
9-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 495 Cabot St #1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/19/2026
Price Reduced
$675,000
-3.43%
MLS
12/12/2025
Listed
$699,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 495 Cabot St #1

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,397
4%
$671,500
6%
2024
$13,835
-1%
$630,600
—
2023
$13,917
24%
$630,600
34%
2022
$11,262
-7%
$471,200
-4%
2021
$12,149
-3%
$488,700
-4%
2020
$12,588
-3%
$509,000
—
2019
$12,934
3%
$509,000
5%
2018
$12,518
-2%
$486,700
2%
2017
$12,793
2%
$476,800
—
2016
$12,592
-7%
$476,800
-9%
2015
$13,500
2%
$525,300
3%
2014
$13,184
—
$511,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Re/Max Innovative Properties, Shawn Blades and Dee Blades

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495 Cabot St #1, Beverly, MA 01915 (MLS# 73461885) is a Commercial property. 495 Cabot St #1 is currently listed for $675,000 and was received on December 12, 2025. Want to learn more about 495 Cabot St #1? Do you have questions about finding other Commercial real estate for sale in Beverly? You can browse all Beverly real estate or contact a Coldwell Banker agent to request more information.

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