Stand-alone commercial medical office building located in a well-established Danvers business corridor. The property is currently leased to MyEyeDr, a nationally recognized optometry provider, which recently executed a new 5-year lease extension, with an additional 5-year option thereafter, providing long-term income stability. The building offers strong street visibility, on-site parking, and convenient access to Route 128, Route 114, and surrounding North Shore communities. The single-tenant layout provides a simple ownership structure with no association fees and predictable operating expenses, making it well suited for investors seeking a stabilized medical/office asset or future owner-users evaluating a free-standing building in a desirable commercial location. Sale is subject to existing lease. Buyer and buyer’s agent to perform all due diligence.
- Disclosure
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- C3
- Orig Price:
- $950,000
- LEASE_TYPE:
- Gross
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Danvers
- State:
- MA
- County:
- Essex
- Postal Code:
- 01923
- Longitude:
- W71° 3' 14''
- Latitude:
- N42° 32' 55.2''
Commercial Sale
164 Sylvan St, Danvers, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $899,000
- Year Built :
- 1715
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73461909
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com