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Two-Level Office Suite
New
For Lease
$16 SF/Yr

160 Sylvan St, Danvers, MA 01923

Flexible professional space combines private offices, open rooms, in-suite restrooms, and updated building systems.

Space Size2,334 SF
Days on Market3

Property Features for 160 Sylvan St

General Information

Standard status Active
Size 2,334 SF
Net Rentable 2,334 SF
Property subtype Commercial

Space & Availability

Available Space 2,334 SF
Contiguous Space 2,334 SF
Floor 1-2
Space Use Office

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $22,090

Building Details

Building Size 2,334 SF
Year Built 1898
Listing Agency: Mansard Commercial Properties
Listed By: Jeremy Cyrier · License ##9048314
Source: Elliman
Added: Aug 2 Changed: Aug 3 Last Checked: Aug 4 at 5:24AM

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 Mansard Commercial Properties

Investment Insights

Based on property information with market context.

This two-level office suite at 160 Sylvan Street offers approximately 2,334 SF, arranged across 1,000 SF on the first floor and 1,334 SF on the second. The layout includes multiple private offices, larger open or client-facing rooms, a welcoming entry, an interior staircase, and in-suite restrooms. Window-lined interiors feature wood flooring, traditional millwork, and decorative fireplaces, complemented by updated lighting and HVAC.

On-site parking supports employees and visitors, while proximity to Route 128 and I-95 provides regional access. Built in 1898, the property combines historic architectural details with contemporary office infrastructure. The configuration is suited to legal, financial, counseling, creative, and other office users seeking a professional setting with both enclosed and open work areas.

Key Highlights

  • Approximately 2,334 SF across two levels
  • 1,000 SF first floor and 1,334 SF second floor
  • Multiple private offices plus larger open or client‑facing rooms

Property Analytics

Current Use

C White Marine ... Construction Company Leslie Toner Counseling ... Psychotherapist Gelineau & Kline Law Firm Dr. Kitty's office Medical Clinic Leslie Toner, LICSW Crisis Center

Suggested Use

Top Pick Catering Service Garden Center (Bike/Boat/Book/etc) Store Bakery Tanning Salon Home Appliance 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,235
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

$21.72 /SF/Yr
Avg Asking Price
$13–$33.43 /SF/Yr
Price Range
2,243 SF
Avg Space Size

This space is priced 26% below the average of $21.72 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible professional space combines private offices, open rooms, in-suite restrooms, and updated building systems.
Where is this office units located?
The property is located at 160 Sylvan St Danvers, MA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Approximately 2,334 SF across two levels; 1,000 SF first floor and 1,334 SF second floor; Multiple private offices plus larger open or client‑facing rooms
More about this property
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