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Properties

  • 164 Sylvan St, Danvers, Massachusetts, ,Commercial Sale,For Sale,Sylvan St,73461909
Property Description

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.

Features
Disclosure
Additional Information
Tax Year:
2025
Status:
Active
Zoning:
C3
Orig Price:
$950,000
LEASE_TYPE:
Gross
Waterfront:
No
MlsStatus:
Active
Address Map
City:
Danvers
State:
MA
County:
Essex
Postal Code:
01923
Longitude:
W71° 3' 14''
Latitude:
N42° 32' 55.2''
  • Google Map

Commercial Sale

164 Sylvan St, Danvers, Massachusetts

0.11 Acre
$899,000
Listing ID #73461909
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$899,000
Year Built :
1715
Lot Area :
0.11 Acre
Listing ID :
73461909
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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