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    OFF-MARKET Estimated value $9,400,000
    Office Spaces

    50 Dunham Rd, Beverly, MA 01915-1882

    104,501 SF Built 1976
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US38-2271640
    Property summary
    AI-generated overview

    This exceptional Class A office and flex space at 50 Dunham Rd, Beverly, MA, offers multiple tenancy options in a prestigious Essex County location. The building, totaling 103,000 square feet, boasts a 1984 renovation to a 1977 structure, ensuring modern amenities within a well-established setting. Currently, 9,158 square feet of space is available for lease, divisible into units ranging from a minimum of 1,490 square feet to a maximum contiguous space of 3,647 square feet. Ideal for businesses seeking executive office suites or flexible workspace, this property provides a versatile solution. The building's location in Beverly, MA, zip code 01915, offers convenient access to major transportation routes and local amenities. This is a rare opportunity to secure high-quality office space in a desirable location. The property is classified as both Office and Industrial, catering to a diverse range of business needs. Contact us today to learn more about leasing opportunities and explore the possibilities this exceptional property offers.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 1976
    Construction STEEL FRAME
    Total area 104,501 SF
    Zoning code IR
    APN BEVE M:0069 B:0002 L:0050
    UPID US38-2271640
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $10.05M
    Blend (final) Blend
    $9.40M
    Owner & transaction history
    50 LLC · 6 yrs held
    50 LLC
    since 2020
    1 recorded transaction
    2020
    Zoning & alternative use
    IR · Beverly, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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