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    150 Andover St, Unit 11B Danvers, MA 01923

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    For Sale
    $620,000

    Well-designed office suite with abundant natural light and convenient location.

    Building Details

    Year built
    1960

    Source: The Richardson Group, LLC Agent Christopher Richardson

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

    Overview

    Corner Office Suite For Sale

    This corner office suite features a generous window line that provides abundant natural light. The suite includes six private offices, a private shower, a large kitchen area, a welcoming reception area, and a spacious conference room. The property is located in a professionally managed office building with outdoor seating areas, attractive green space, and ample on-site parking. The location provides immediate access to Routes 95, 1, and 128, situated just off Route 114. This suite is designed for efficiency and comfort, offering a polished image for any business and is ideal for hosting clients or team meetings.
    Insight Report Location Intelligence

    Current Use by Public Records

    Danvers Indoor Sports Soccer Field Danatronics Industrial Equipment Supplier Rabbitt Manuel F Attorney Masstran Transportation Service Ipswich Bay Advisors Financial Planner

    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
    -70.96912
    Latitude
    42.5567446

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    FAQs

    What type of property is this?
    Office space - Well-designed office suite with abundant natural light and convenient location.
    Where is this office space located?
    The property is located at 150 Andover St, Unit 11B Danvers, MA.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: - Prime location with immediate access to Routes 95, 1, 128, and Route 114.; - Six private offices, private shower, large kitchen, reception area, and spacious conference room.; - Abundant natural light from generous window line.
    (978) 836-6625
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    150 Andover St, Unit 11B 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
    150 Andover St, Unit 11B Danvers, MA 01923
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