495 Cabot St #1, Beverly, MA 01915

Building Details

Year Built

2004

Listing agent Shawn Blades

Listing office Re/Max Innovative Properties

Listing date Jun 5, 2026

Source 413realestate

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This condominium unit is built for medical and office use and is currently leased to MyEyeDr, a full-service eye care provider. Unit 1 features ongoing occupancy under a new 5-year lease extension executed in December, with an additional 5-year option thereafter. The property is part of a professionally managed condo complex, and the association handles exterior maintenance and common areas, creating a low-touch ownership structure.

The unit benefits from strong street presence along Cabot Street. Nearby parking is described as ample, and the location provides convenient access to Route 128, Route 62, and downtown Beverly.

For investors, the executed lease extension supports near-term income stability within a professionally managed condominium setting. For owner-users, the property offers a well-located medical office condominium with an established, operating tenant in place, with day-to-day exterior and common area responsibilities managed by the association. Buyer and buyer’s agent should perform all due diligence.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Beverly Animal Natural Health — 950 Cummings Center #99x, Beverly, MA 01915
• Unleashed Vaccination Clinic — 55 Dodge St Ste A-155, Beverly, MA 01915

Location Insight

• Map
• Local Demand

City

Beverly

County

Essex

State

Massachusetts

Longitude

-70.8857669

Latitude

42.5656618

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FAQs

What type of property is this?

Medical Office Space - Medical office condominium unit leased to MyEyeDr with extended term and association-managed exterior and common areas.

Where is this medical office space located?

The property is located at 495 Cabot St #1 Beverly, MA.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Commercial condominium unit built in 2004; Unit 1 is leased to MyEyeDr as a full‑service eye care office; Lease includes a new 5‑year extension executed in December, with an additional 5‑year option thereafter