238 Cabot St, Beverly MA 01915
Beverly, MA 01915
$2,100,000
Est. $12,900/month
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About this home
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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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 20, 2026
$2,100,000
Original listing
Agent: David Hark
Office: The Drumlin Group Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/20/2026 | 🏠 Listed for Sale | $2,100,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $24,981 | — |
Financial Details
Annual Property Tax
$24,981
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1890
Living Area
11,278 sq ft
Lot Size
0.12 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Financial
Annual Tax
$24,981
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1890
Living Area
11,278 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Beverly School District local
B+
School Safety
2024-25
1.3%
Average
1.3%
Suspensions
1.3%
In-School
4.2% below state avg
Elementary Schools
10 schools
Children's Center for Communication School
0.9 mi
Grades PK-12
Harborlight-Stoneridge Montessori School
1.3 mi
Grades PK-08
Shore Country Day School
1.4 mi
Grades PK-09
The Saints Academy
1.5 mi
Grades PK-08
Landmark School
1.6 mi
Grades PK-12
Hopeful Journeys Educational Center
1.7 mi
Grades PK-12
Waldorf School at Moraine Farm
2.5 mi
Grades PK-08
New England Academy School
2.5 mi
Grades 05-12
Glen Urquhart School
3.5 mi
Grades K-08
A-
Ayers/Ryal Side School
0.6 mi
|
#174 of 824
|
Score: 56.2
Dropped 121 spots from last year
-2 below state avg
388 students
Less Diverse
Grades K-04
Middle Schools
1 school
B+
Beverly Middle School
1.2 mi
|
#140 of 352
|
Score: 45.2
Improved 24 spots from last year
-13.1 below state avg
1,388 students
Moderate
Rising School
Grades 05-08
High Schools
2 schools
Waring School
2.2 mi
Grades 06-12
B
Beverly High School
1.1 mi
|
#149 of 346
|
Score: 55.7
Dropped 39 spots from last year
-2.5 below state avg
1,213 students
Moderate
17 sports
• 1,774 athletes
Strong AP Program
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$2,082
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
238 Cabot St, Beverly MA 01915
Beverly, MA 01915
Listing Information
Listing Agent
David Hark
Listing Office
The Drumlin Group Inc.
Office Phone
978-741-3696
Agent MLS ID
C8369012
Office MLS ID
C95118
Listing Data Updated
Aug 20, 2026 12:22 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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