Price Reduced 8.85%
15 Cherry Street, #21,22,23,24, Danvers, (Danvers Center), MA, 01923
1900
4,645 sqft
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.
Status:
Active
Town:
Danvers
Type:
Commercial
Zoning:
R1
Acreage:
0.1
Est. Taxes:
$18,926
Utilities
Public Water, Public Sewer, Natural Gas Available
MLS #:
73438789
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Stephen Velonis, Coldwell Banker Realty - Lynnfield 781-334-5700