Building Details

Building Size 1,470 SF

Year Built 1960

Stories 2

Tenancy Single

Listing Agency: The Mega Group

Listed By: Jennifer DApice Show Phone

Source: Insightrealtygroup

Added: Jun 15 Changed: Sep 4 Last Checked: Sep 5 at 3:35AM

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Investment Insights

Based on property information with market context.

Key Highlights

• 2‑level, single‑occupant office building in Danvers with +/- 1,470 SF
• Layout includes four offices, a conference room with recessed lighting, and two bathrooms (one with a shower)
• Kitchenette with dishwasher plus two driveways providing ample on‑site parking

Property Analytics

Property Profile

Current Use

Nangle Engineering Inc Engineering Consultant

Suggested Use

Top Pick Dental Office Real Estate Agency Nail Salon (Bike/Boat/Book/etc) Store Parking Lot & Garage 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

Single-tenant

Tenancy

NNN (Triple Net)

Lease Type

$4.29 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

514

Businesses Nearby

Explore this area Business Placement

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

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

Where is this office building located?

The property is located at 32 Prince St Danvers, MA.

What is the lease rate?

The lease rate is $3,500/Mo.

What are key features of this property?

This property features: 2‑level, single‑occupant office building in Danvers with +/- 1,470 SF; Layout includes four offices, a conference room with recessed lighting, and two bathrooms (one with a shower); Kitchenette with dishwasher plus two driveways providing ample on‑site parking