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Two-Level Office Building
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32 Prince St, Danvers, MA 01923

A private patio, two driveways, and a basement provide outdoor space, parking access, and additional storage.

Property Size1,470 SF
Price / SF$2.38
Days on Market2

Property Features for 32 Prince St

General Information

Standard status Active
Size 1,470 SF
Property subtype Commercial
Zoning 114B

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $10,588

Building Details

Building Size 1,470 SF
Year Built 1960
Buildings 1
Stories 2
Tenancy Single
Listing Agency: Ellis Realty Advisors
Listed By: Chris Bernier
Source: Churchillprop
Added: Sep 26 Last Checked: Sep 26 at 3:23PM

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 Ellis Realty Advisors

Investment Insights

Based on property information with market context.

This two-level office building in Danvers contains four offices, a conference room with recessed lighting, and two bathrooms, including one with a shower. A kitchenette with a dishwasher serves the workspace. The building measures 1,470 square feet, with an 840-square-foot basement for storage and a single-car garage. The property was built in 1960 and has a private backyard with a patio, two driveways, and landscaped grounds.

The property sits at the intersection of Garden Street and Prince Street, near Route 1, I-95, and Route 128. It is offered on a net lease, with the tenant responsible for utilities, including electricity, oil-fired forced hot air, water, and sewer.

Key Highlights

  • 1,470‑square‑foot office building with four offices and a conference room
  • Two bathrooms, including one with a shower; kitchenette includes a dishwasher
  • 840‑square‑foot basement and a single garage provide storage space

Property Analytics

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Current Use

Nangle Engineering Inc Engineering Consultant

Suggested Use

Top Pick Real Estate Agency Nail Salon (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience Store Bakery

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
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

514
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

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
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Frequently Asked Questions

What type of property is this?
Office building - A private patio, two driveways, and a basement provide outdoor space, parking access, and additional storage.
Where is this office building located?
The property is located at 32 Prince St Danvers, MA.
What are key features of this property?
This property features: 1,470‑square‑foot office building with four offices and a conference room; Two bathrooms, including one with a shower; kitchenette includes a dishwasher; 840‑square‑foot basement and a single garage provide storage space
More about this property
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