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.
- Disclosure
- Area:
- Danvers Center
- Parking Spaces:
- 12
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- R1
- Orig Price:
- $1,525,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Danvers
- State:
- MA
- County:
- Essex
- Postal Code:
- 01923
- Longitude:
- W71° 3' 41.9''
- Latitude:
- N42° 33' 57.8''
Commercial Sale
15 Cherry Street, Danvers, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,525,000
- Square Footage :
- 4,645 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.10 Acre
- Listing ID :
- 73438789
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com