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15 Cherry Street, Unit 21,22,23,2, Danvers, MA 01923

$1,390,000
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Active
SQUARE FEET4,645 MLS#73438789
STATUSActive PROPERTY TYPECommercial - Business

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.

15 Cherry Street, Unit 21,22,23,2 | MLS# 73438789

This commercial property located at 15 Cherry Street, Unit 21,22,23,2, Danvers, MA 01923 is currently listed for sale with an asking price of $1,390,000. Search Danvers real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.10 Acres
Roof Type: Asphalt/Composition Shingles
Taxes: $18,926
Year Built: 1900

Feature Descriptions

Building Area Total: 4645
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 198
Parcel Number: 043380021,5015444
Rental Term: Monthly
Utilities: Public Water, Public Sewer, Natural Gas Available

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty - Lynnfield
Agency Phone: 781-334-5700
Agent Name: Stephen Velonis

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