39
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$1,390,000
Est. payment /mo
4,645 SqFt
Price Dropped by $135K
15 Cherry Street #21, 22, 23, 24 Danvers, MA 01923
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,645 sqft
Price per Sqft $299
MLS Listing ID 73438789
HOA Y/N false
Year Built 1900
Annual Tax Amount $18,926
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Description
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.
Location
State MA
County Essex
Area Danvers Center
Zoning R1
Direction Maple Street to Cherry Street
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Asphalt/Composition Shingles
Others
Senior Community false
Listed by Coldwell Banker Realty - Lynnfield
NEARBY SCHOOL & BUSINESS
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