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Two-Level Office Suite
For Lease
$16.50 SF/Yr

160 Sylvan St, Danvers, MA 01923

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

Space Size1,000 SF - 1,334 SF
Property Size7,186 SF
Days on Market55

Property Features for 160 Sylvan St

General Information

Standard status Active
Size 1,000 SF - 1,334 SF
Net Rentable 2,334 SF
Class B
Property subtype Office
Lease Term MG

Space & Availability

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

Additional Details

Highway Access Yes

Building Details

Building Size 7,186 SF
Year Built 1898

Spaces For Lease

at 160 Sylvan St Contact us

160 Sylvan Street | 2nd Floor $16.50/SF/Yr

Size
1,334 SF
Type
Office Building
Term
Negotiable
Contact us

160 Sylvan Street $16.50/SF/Yr

Size
1,000 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: MANSARD Commercial Properties
Listed By: Jeremy Cyrier, CCIM · License #MA #9048314
Source: Masscommercialproperties
Added: Aug 2 Changed: Sep 20 Last Checked: Sep 24 at 8:40AM

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

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Open 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
$2.48 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Danvers, MA

$19.17 /SF/Yr
Avg Asking Price
$12–$46.75 /SF/Yr
Price Range
2,289 SF
Avg Space Size

This space is priced 14% below the average of $19.17 /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
Questions? Ask 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 $16.50 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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