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Four-Room Office Suite
For Lease
$960/Mo NNN

435 Newbury Street Unit 216, Danvers, MA 01923

Second-floor workspace offers three private offices, a reception area, elevator access, and surrounding parking.

Space SizeContact for details
Days on Market370

Property Features for 435 Newbury Street Unit 216

General Information

Standard status Active
Elevators Yes
Lease Type Modified Gross
Lease Term []

Space & Availability

Floor 2
Space Use Office
Private Offices 3

Lease Terms

Lease Rate $960 /USD/MO
Monthly Rent $960

Site & Location

Highway Access Yes
Road Access Yes

Amenities

handicap accessible

Building Details

Year Built 1986
Tenancy Multi
Listing Agency: The Mega Group
Listed By: Jennifer DApice
Source: Oldeforgerealty
Added: Aug 28, 2025 Changed: Aug 31 Last Checked: Aug 31 at 8:32PM

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

Investment Insights

Based on property information with market context.

Unit 216 is an 887-square-foot, second-floor office suite configured with three private offices and a reception area. The 1986 property provides elevator service and a grand entry staircase, with full handicap accessibility throughout the location. Tenants are responsible for their own utilities, while the lease structure carries no NNN expenses.

Hawthorne North Plaza fronts Route 1 in Danvers near the rotary connecting Route 1 and Route 95. The site records approximately 16,123 vehicles per day and can be reached from both traffic directions. Parking surrounds the facility, and the plaza includes Ponte Vecchio restaurant along with additional retail shops and spas. The property’s existing professional occupancy includes designers, attorneys, medical practices, and other similar office users.

Key Highlights

  • 887 SF second‑floor office suite with three private offices and a reception area
  • Elevator service and a grand staircase provide access to the second floor
  • Fully handicap accessible location

Property Analytics

Current Use

Ponte Vecchio Restaurant Restaurant Iron Chef Restaurant Angel Nails & Spa Nail Salon Julie Williams Massage ... Alternative Medicine Practice China Pearl Alternative Medicine Practice

Suggested Use

Top Pick Dental Office Auto Repair Shop Building Supply Hair Salon Restaurant Nail Salon

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
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

215
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

$19.83 /SF/Yr
Avg Asking Price
$12–$46.75 /SF/Yr
Price Range
1,759 SF
Avg Space Size

This space is priced 34% below the average of $19.83 /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 - Second-floor workspace offers three private offices, a reception area, elevator access, and surrounding parking.
Where is this office units located?
The property is located at 435 Newbury Street Unit 216 Danvers, MA.
What is the lease rate?
The lease rate is $960/Mo.
What are key features of this property?
This property features: 887 SF second‑floor office suite with three private offices and a reception area; Elevator service and a grand staircase provide access to the second floor; Fully handicap accessible location
More about this property
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