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.
- Disclosure:
- Kitchen
- 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 :
- $1,390,000
- 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