Self-Storage Condominium
New
For Sale
$219,000
85 Constitution Lane, Danvers, MA 01923
The package pairs a multi-unit storage operation with a second-floor office condominium featuring meeting and private office space.
Property Size4,995 SF
Price / SF$43.84
Days on Market5
Property Features for 85 Constitution Lane
General Information
Standard status
Active
Size
4,995 SF
Property subtype
Commercial
Warehouse & Industrial
Warehouse Space
4,390 SF
Office Build-Out
605 SF
Self-Storage Units
33
Additional Details
Highway Access
Yes
Amenities
interior common areas
landscaped grounds
handicap accessibility
elevator service
on-site parking
Building Details
Year Built
1990
Buildings
1
Listing Agency:
The Mega Group
Listed By:
Colleen Cohan
(781) 760-4356
Source:
Wilsonwolfe
Added: Oct 18
Changed: Oct 21
Last Checked: Oct 20 at 9:40PM
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
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Investment Insights
Based on property information with market context.
This offering combines two condominium units sold together: a 4,390 +/- square-foot storage space configured with 33 individual units and a 605 +/- square-foot second-floor office. Thirteen storage units are leased, and the current layout can accommodate approximately seven more. The office includes an open reception and seminar area, a conference room, one private office, and a kitchen area with food and beverage stations. The building was constructed in 1990.
The property is approximately ¼ mile from Routes 128, 114, and 35, and directly adjacent to Liberty Tree Mall. Building amenities include elevator service, handicap accessibility, landscaped grounds, interior common areas, and on-site parking.
The property is approximately ¼ mile from Routes 128, 114, and 35, and directly adjacent to Liberty Tree Mall. Building amenities include elevator service, handicap accessibility, landscaped grounds, interior common areas, and on-site parking.
Key Highlights
- 4,390 +/- square‑foot storage condominium configured with 33 units
- 13 storage units currently leased; layout can accommodate approximately seven additional units
- 605 +/- square‑foot second‑floor office with reception/seminar area, conference room, private office, and kitchen area
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,371
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 Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Self storage facility - The package pairs a multi-unit storage operation with a second-floor office condominium featuring meeting and private office space.
Where is this self storage facility located?
The property is located at 85 Constitution Lane Danvers, MA.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 4,390 +/- square‑foot storage condominium configured with 33 units; 13 storage units currently leased; layout can accommodate approximately seven additional units; 605 +/- square‑foot second‑floor office with reception/seminar area, conference room, private office, and kitchen area
