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

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.

FOR SALE DETAILS

PRICE

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CAP RATE

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% 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, Danvers

APN/PARCEL ID

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.