238 Cabot St, Beverly, MA 01915
- $2,100,000
- 11,278
- SqFt
- List Price
- $2,100,000
- Days on Market
- 23
- Status
- ACTIVE
- MLS#
- 73566222
- Living Area
- 11,278
- Lot Size (Acres)
- 0.12
- Year Built
- 1890
Property 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.
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Additional Information
- Taxes
- $24,981
Mortgage Calculator
Listing courtesy of Listing Agent: David Hark from Listing Office: The Drumlin Group Inc..
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