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Retail/Office Suite with Utilities Included
For Lease
$1,950/Mo
Pending

84 Elm Street #1, Danvers, MA 01923

Flexible suite with heat and hot water included; tenant pays electricity.

Space SizeContact for details
Property Size750 SF
Days on Market52

Property Features for 84 Elm Street #1

General Information

Standard status Pending
Size 750 SF
Zoning B
Lease Type Modified Gross

Building Details

Building Size 750 SF
Year Built 1850
Listing Agency: Conway - Swampscott
Listed By: Susan Sinrich
Source: Startpoint
Added: Jul 17 Changed: Aug 23 Last Checked: Aug 14 at 7:50AM

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 Conway - Swampscott

Investment Insights

Based on property information with market context.

Available for lease at 84 Elm Street #1 in Danvers, this versatile commercial suite is approximately 700+/- square feet and designed to support a range of professional, retail, office, or service-oriented uses. The layout is flexible to accommodate different operating needs. Heat and hot water are included, while the tenant is responsible for electricity.

The listing also notes strong visibility and easy access in Danvers’ business district, supporting day-to-day customer and client traffic. This space is offered as a turnkey option for businesses looking to establish operations in a central retail and professional setting.

Key Highlights

  • Approx. 700+/- SF commercial suite with a flexible layout for professional, retail, office, or service uses
  • Heat and hot water included; tenant is responsible for electricity
  • Year built: 1850

Property Analytics

Current Use

Margaret's Place Discount Store

Suggested Use

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

NNN (Triple Net)
Lease Type
$5.01 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible suite with heat and hot water included; tenant pays electricity.
Where is this storefront property located?
The property is located at 84 Elm Street #1 Danvers, MA.
What is the lease rate?
The lease rate is $1,950/Mo.
What are key features of this property?
This property features: Approx. 700+/- SF commercial suite with a flexible layout for professional, retail, office, or service uses; Heat and hot water included; tenant is responsible for electricity; Year built: 1850
More about this property
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