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Ground-Level Retail Condominium

17 ELM ST, Danvers, MA 01923

For Lease
Contact for pricing

Shell-condition space offers a customizable interior in downtown Danvers, with municipal and on-street parking nearby.

Space Size1,444 SF
Days on Market19

Property Features for 17 ELM ST

General Information

Standard status Active
Size 1,444 SF
Net Rentable 1,444 SF
Property subtype Retail

Space & Availability

Available Space 1,444 SF
Contiguous Space 1,444 SF
Floor Ground

Additional Details

Highway Access Yes

Building Details

Tenancy Multi

Spaces For Lease

at 17 ELM ST
Space 1 Active
Size 1,444 SF
Contact us
Listing Agency: The Mega Group Commercial Real Estate
Listed By: Brian DApice · License MA #9538300
Source: Crexi
Added: Oct 23 Changed: Nov 8 Last Checked: Nov 10 at 7:52AM

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 The Mega Group Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This newly built commercial condominium provides 1,444 square feet of ground-floor retail space in shell condition. The interior is ready for a tenant to plan and finish to suit its operations. The condominium is part of a building that also contains three townhome-style residences.

The property is in downtown Danvers’ Financial District. On-street parking and municipal parking lots serve the area, including a lot that nearly adjoins the building. Routes 128 and 62 and Liberty Tree Mall are identified as nearby access points and destinations.

Key Highlights

  • 1,444 square feet of ground‑floor commercial space
  • Shell condition allows the interior layout and finishes to be customized
  • Part of a newly constructed condominium with three townhome‑style residences

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Soul Fruit Market Food Market

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Tech Support Center Barber Shop Carpet & Flooring Store Butcher

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

831
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

$20.5 /SF/Yr
Avg Asking Price
$20–$22 /SF/Yr
Price Range
3,753 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Essex County, MA

$26.21 Jul
$25.38 Aug
$25.04 Sep
$25.2 Oct

Properties on Market for Retail space in Essex County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Shell-condition space offers a customizable interior in downtown Danvers, with municipal and on-street parking nearby.
Where is this retail space located?
The property is located at 17 ELM ST Danvers, MA.
What are key features of this property?
This property features: 1,444 square feet of ground‑floor commercial space; Shell condition allows the interior layout and finishes to be customized; Part of a newly constructed condominium with three townhome‑style residences
(978) 922-6400 Call to check price and availability
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