$2,100,000

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.

Property details

MLS #

73566222

Property type

Home

Year built

1890

Interior

11,278 ft2

Status

Active

Listed by

Boston Realty

Listed 4 days ago

Facts & features

Location