Multi-Suite Medical Office
New
For Sale
Contact for pricing
5 Federal Street, Danvers, MA 01923
A clinical layout combines exam rooms, private offices, waiting areas and additional individual offices.
Property SizeContact for details
Lot Size1.60 Acres
Days on Market3
Property Features for 5 Federal Street
General Information
Standard status
Active
Lot size
1.60 Acres
Property subtype
Commercial
Zoning
C3
Lease Type
Gross
Additional Details
Highway Access
Yes
Office Units
7
Taxes and HOA fees
Annual Taxes
$86,789
Building Details
Year Built
1985
Listing Agency:
Ellis Realty Advisors
(833) 668-4649
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: Sep 24
Changed: Sep 26
Last Checked: Sep 26 at 4:53AM
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 medical office property at 5 Federal Street in Danvers contains two suites measuring 2,870 square feet and 4,405 square feet, along with five individual offices. Exam rooms, private offices and waiting areas form part of the interior layout. Built in 1985, the building sits on a 1.6-acre lot with on-site parking and is zoned C3.
Route 114 and Route 128 are identified as nearby routes. The property’s multiple suites and separate offices provide a range of interior configurations within a single medical office building.
Route 114 and Route 128 are identified as nearby routes. The property’s multiple suites and separate offices provide a range of interior configurations within a single medical office building.
Key Highlights
- Two suites measure 2,870 square feet and 4,405 square feet
- Five additional individual offices
- 1.6‑acre lot with on‑site parking
Property Analytics
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Current Use
Lease Details
7
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,011
Businesses Nearby
Balanced
Demand for This Use
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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A clinical layout combines exam rooms, private offices, waiting areas and additional individual offices.
Where is this medical office space located?
The property is located at 5 Federal Street Danvers, MA.
What are key features of this property?
This property features: Two suites measure 2,870 square feet and 4,405 square feet; Five additional individual offices; 1.6‑acre lot with on‑site parking
