MA
Essex
Beverly
01915
238 Cabot St
238 Cabot St, Beverly, MA 01915
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Listing Type
Commercial/Industrial
Listing Status
Active
1
$2,100,000

Home Details for 238 Cabot St

Price
$2,100,000
Type
Commercial Sale
Square feet
11278
Year built
1890
Lot size acres
0.12
County
Essex
MLS Listing#
73566222
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.

Property Features
    Listing Courtesy: The Drumlin Group Inc. - 978-741-3696
    Presented by: David Hark
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    EXIT PREMIER REAL ESTATE
    85 Wilmington Road, Burlington, MA 01803
    Office
    781 270 4770
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