11,278 sqft

$2,100,000

238 Cabot St, Beverly MA, 01915

Price per sqft$186.20

Built in1890

Property size11,278 sqft

Property typeCommercial

Overview

Active

Listed Aug 20, 2026

Updated 11 days ago

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.

Additional information

MLS^® ID: 73566222

Interior Features

Basement: No

Exterior Features

Lot Size: 0.12 Acres

Other Property Details

Taxes: $24,981
Tax Frequency: Annually
55+/Senior Community: No

This listing is provided by David Hark with The Drumlin Group Inc.

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Data last updated 4:52 PM UTC, 9/3/2026