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238 Cabot St 01915, Beverly

$2,100,000

For Sale

11278 SqFt

Size

0

Bedrooms

0

Bathrooms

73566222

Property Id

Property image 1
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Description

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.

Address

Address238 Cabot St 01915 Beverly, MA
CountryUS
Property Type

Commercial Sale

Property Class

CommercialProperty

Style

Other

Transaction Type

Sale

Year Built

1890

Square Feet

11,278 sqft

Lot Size

5,153 sqft

List Price

$2,100,000

Original Price

$2,100,000

Price per Sqft

$186

Annual Property Taxes

$24,981

Tax Assessment Year

2026

Monthly Tax Estimate

$2,082

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