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    136 Andover St Danvers, MA 01923

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    For Lease
    Contact for pricing

    Retail space available on Route 114 in Danvers, MA.

    Property size:
    1,656 SF
    Lot size:
    2.40 Acres

    Property Features for 136 Andover St

    General Information

    Size
    1,656 SF
    Lot size
    2.40 Acres

    Source: Conviser Property Group Agent Jim Conviser

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Route 114

    A 1,656 square foot retail space is available on Andover Street, also known as Route 114, in Danvers, Massachusetts. The location benefits from a dedicated light signal on Route 114. It is situated approximately half a mile from Route 95 and about 2 miles from the North Shore Shopping Center, a super regional center encompassing 2 million square feet. The property has taxes of $7.11 per square foot.
    Insight Report Location Intelligence

    Current Use by Public Records

    Four Seasons Nails ... Nail Salon Supercuts Barber Shop CosmoProf Beauty Supply Store Good Feet Store ... Orthotics & Prosthetics Service Lacrosse Unlimited of Danvers-MA Sporting Goods Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Danvers
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9684856
    Latitude
    42.5563947

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    FAQs

    What type of property is this?
    Retail space - Retail space available on Route 114 in Danvers, MA.
    Where is this retail space located?
    The property is located at 136 Andover St Danvers, MA.
    What are key features of this property?
    This property features: - High visibility location on Andover Street / Route 114.; - Dedicated light signal on Route 114.; - Close proximity to major transportation routes (1/2 mile to Route 95).
    (617) 839-0456
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    Danvers, MA 01923
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    136 Andover St Danvers, MA 01923
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