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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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238 Cabot St , Beverly, MA 01915
$2,100,000
Est. Payment: $4,666.67/mo
0 Bed
0 Bath
11278 Sqft
Status: Active | Days on site: 27
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C95118 - C8369012
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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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Highlights

Listed by David Hark , 617-633-6719 The Drumlin Group Inc. , 978-741-3696.

Property Type

Commercial Sale
Lot/Acreage
0.12

Year Built

1890

County

Essex

Listing ID

73566222

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Zoning:Legal Non-Conforming
Principal Interest
$4,667
Taxes
$2,082

Home Price

$2,100,000

Loan Details

30 yrs
%

Down Payment

20%
$420,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,666.67 $2,081.75 $0.00 $6,748.42
Yearly $56,000.00 $24,981.00 $0.00 $80,981.00
Total $1,680,000.00 $749,430.00 $0.00 $2,429,430.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Beverly, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.