$1,325,000
( $285.25Per Sq Foot )
 $7,113 est/mo Sourced by Back At You

15 Cherry Street # 24,Danvers, MA 01923

Danvers, MA 01923

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Description

PRICE ADJUSTMENT! Downtown Danvers Mixed-Use Investment - A rare chance to own a well-maintained, professionally managed mixed-use property in the heart of downtown Danvers. This income-producing building includes four units: two street-level commercial spaces and two residential apartments above, offering strong cash-flow potential and long-term investment value. The commercial spaces provide excellent visibility and flexible layouts suited for office, retail, or service type businesses. The spacious, well-kept apartments appeal to long-term tenants, while ample off-street parking adds a valuable downtown convenience. Just moments from restaurants, shops, public transportation, and major commuter routes, this property stands out in a highly desirable location. With a new price adjustment and a motivated seller, it offers exceptional value for investors and owner-occupants alike. Showings by appointment only.

Details

MLS #73438789
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site360
Listing Provided ByColdwell Banker Realty - Lynnfield | Stephen Velonis

Features

SQ Feet4,645
ZoningR1
Acreage0.10

Exterior

RoofAsphalt/Composition Shingles

Utilities

UtilitiesPublic Water, Public Sewer, Natural Gas Available

Taxes

Tax Annual Amount18926
Tax Block380
Tax Lot021
Tax Year2025
Tax Map Number043

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CityDanvers
Zip Code01923
AreaDanvers Center
Sourced by Back At You

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StateMA
CountyEssex
CityDanvers
Zip Code01923
AreaDanvers Center
Sourced by Back At You
Listing Updated: September 7, 2026 at 7:10:50 AM PDT