Downtown Danvers Mixed-Use Investment – Rare opportunity to own a well-maintained, professionally managed mixed-use property in the heart of downtown Danvers. This income-producing building features four units, including two street-level commercial spaces and two residential apartments above, offering strong cash-flow potential and long-term investment value. The commercial units benefit from outstanding visibility and flexible floor plans ideal for office, retail, or service use. The residential apartments are spacious, well-maintained, and attractive to long-term tenants. Ample off-street parking enhances the property’s appeal, providing a rare convenience in the downtown setting. Located just moments from restaurants, shops, public transportation, and major commuter routes, this is a standout opportunity in a highly desirable location. New price adjustment and Motivated Seller create an exceptional value for investors and owner-occupants alike. Showings are by appointment only.
- Disclosure:
- new roof
- 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