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$1,525,000
Est. payment /mo
4,645 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,645 sqft
Price per Sqft $328
MLS Listing ID 73438789
HOA Y/N false
Year Built 1900
Annual Tax Amount $18,926
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Downtown Danvers Investment Opportunity-Mixed-Use Property. A rare opportunity to own this well-maintained professional building ideally located in the vibrant center of downtown Danvers. This professionally managed property features four total units - two commercial spaces on the first floor & two residential apartments above-offering a strong income potential for investors or owner-occupants. Both commercial suites are ideal for office, retail, or service-based businesses, benefiting from excellent street visibility & flexible layouts suitable for a variety of uses. The upper-level residential units are spacious & well-kept, appealing to long-term tenants. Ample off-street parking adds significant appeal for both residential & commercial tenants - a rare asset in the downtown area. Situated just steps from local shops, restaurants, public transportation, & major commuting routes, this premier investment property offers exceptional convenience. Showings by appointment only.
Location
State MA
County Essex
Area Danvers Center
Zoning R1
Direction Maple Street to Cherry Street
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Asphalt/Composition Shingles
Total Parking Spaces 12
Others
Senior Community false
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Listed by Coldwell Banker Realty - Lynnfield
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