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Corner Retail Suite with Private Restrooms
For Lease
$4,234/Mo NNN

435 Newbury Street # 112 Danvers, Danvers, MA 01923

Street-level corner suite offers handicap-accessible private men’s and ladies’ restrooms and 2,540± SF of retail space.

Space SizeContact for details
Property Size2,540 SF
Days on Market99

Property Features for 435 Newbury Street # 112 Danvers

General Information

Standard status Active
Size 2,540 SF
Zoning I1

Site & Location

Traffic Count 16,123 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

handicap accessible bathrooms

Building Details

Building Size 2,540 SF
Year Built 1986
Tenancy Multi
Listed By: Amanda Lucido Hodges
Source: Bournetosellrealestate
Added: May 29 Changed: Aug 8 Last Checked: Sep 2 at 1:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Amanda Lucido Hodges

Investment Insights

Based on property information with market context.

Unit 112 at Hawthorne North Plaza is a very attractive street-level corner retail suite with private, handicap-accessible men’s and ladies’ bathrooms. The offering includes 2,540± square feet of retail space.

The plaza is located on busy Route 1 in Danvers at the rotary connecting Route 1 to Route 95, with about 16,123± vehicles per day reported at the site. Parking surrounds the facility, and the location is described as easily accessible from both directions of traffic.

The property is anchored by Ponte Vecchio restaurant and includes other retail shops and spas. Tenants have zero NNN expenses, with a $150 bi-annual maintenance fee and responsibility for their own utilities.

Key Highlights

  • 2,540± SF street‑level corner retail suite (Unit 112)
  • Fully handicap accessible with private men’s and ladies’ bathrooms
  • Located in Hawthorne North Plaza on busy Route 1 near the rotary to Route 95 (16,123± vehicles/day)

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16,123 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

Demographics for 01923, MA

27,987
Population
11,405
Households
2.5
Avg Household Size
46
Median Age
47%
College-Educated
95%
High-School Grad
13.2 sq mi
ZIP Area
2,120
Density / Sq Mi
$117,072
Median Household Income
$59,916
Median Earnings
$2,004
Median Rent
$611,200
Median Home Value

Market

Lease Benchmarks for Danvers, MA

$23.86 /SF/Yr
Avg Asking Price
$20–$33.43 /SF/Yr
Price Range
6,824 SF
Avg Space Size

This space is priced 16% below the average of $23.86 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Street-level corner suite offers handicap-accessible private men’s and ladies’ restrooms and 2,540± SF of retail space.
Where is this retail space located?
The property is located at 435 Newbury Street # 112 Danvers Danvers, MA.
What is the lease rate?
The lease rate is $4,234/Mo.
What are key features of this property?
This property features: 2,540± SF street‑level corner retail suite (Unit 112); Fully handicap accessible with private men’s and ladies’ bathrooms; Located in Hawthorne North Plaza on busy Route 1 near the rotary to Route 95 (16,123± vehicles/day)
More about this property
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