978-697-7855
15 Cherry St, Danvers, MA for Sale
Office - FOR SALE
1/15
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15 Cherry St
Danvers, MA 01923
Danvers MA


HIGHLIGHTS

  • 4 Units: 2 Commercial / 2 Residential
  • Ample Private Parking
  • Professionally Managed & Maintained
  • Excellent Downtown Location Near Major Highways

OVERVIEW

This property has recently undergone a price adjustment, creating an even more attractive opportunity to acquire a well-maintained, mixed-use building in the vibrant heart of downtown Danvers. This professionally managed property offers 4 total units, 2 first flr commercial spaces & 2 upper-level residential apartments, providing strong, diversified income potential for both investors & owner occupants. The street-level commercial suites offer excellent visibility, flexible layouts, & suitability for a wide range of office, retail, or service-based uses. The above 2 well-kept residential units appeal to long-term tenants seeking comfort & convenience. A rare advantage in the downtown district, the property includes ample off-street parking, enhancing desirability for both residential & commercial occupants. Ideally situated just steps from local shops, restaurants, & major commuter routes, this premier investment property delivers exceptional accessibility in this thriving community.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,000 SF

ZONING

R1

APN/PARCEL ID

043 380 032,DANV-000043-000000-000380

ASK ABOUT THIS PROPERTY

Stephen VelonisColdwell BankerMore Info
978-697-7855

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Stephen VelonisColdwell BankerMore Info
978-697-7855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.