Iconic former Danvers Fire Station now available for sale – a rare chance to transform a piece of local history into a modern development. This 15,769± SF brick building sits on a 0.324-acre downtown lot and features multiple levels, including a large first-floor high-bay garage and upper-level space. The interior currently offers a mix of some finished office/commercial areas alongside sections that have been gutted to the shell – effectively a blank slate ready for customization and adaptive reuse. With its distinctive historic character and solid structure, the property is poised for adaptive reuse potential, whether as creative commercial space, multi-family, mixed-use development, or other innovative concepts. This is an ideal investment/development opportunity for developers or investors looking to capitalize on Danvers’s growing downtown market. Steps from the Danvers Rail Trail.
135 Maple Street, Danvers, MA, 01923
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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