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15 Water St Danvers, MA 01923

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10,752 SF Flex Space, $4M

Property size:
10,752 SF

Property Features for 15 Water St

General Information

Property type
Flex space
Square Feet
10,752 SF
Lot Size
50,094 SF

Building Details

Buildings
1
Stories
1

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Listing Contact
Brian Dapice
Brian Dapice

Listing Agency: The Mega Group Commercial Real Estate Listing Agent: Brian Dapice

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 10,752-square-foot industrial property in Danvers, Massachusetts, presents a compelling investment opportunity. Situated on a 1.15-acre lot at 15 Water Street, this single-story building boasts eight drive-in doors, ideal for a variety of uses. Currently configured as a car wash, auto body, and detail shop, the property's versatility extends to numerous other possibilities. The property comprises two contiguous lots, primarily zoned C1 (Commercial 1), offering significant development potential. The C1 zoning allows for a wide range of uses, including athletic facilities, drive-thrus, auto repair, restaurants, retail, and more. A portion of the property is also zoned R1 (Residential 1), primarily for one- or two-family dwellings. Located conveniently off Route 128 and Route 35, this property benefits from excellent accessibility and high visibility. The asking price is $4,000,000, translating to $372.02 per square foot. This prime location and flexible zoning make this an attractive investment for both established businesses and developers seeking a strategic foothold in the thriving Danvers market. The property's existing infrastructure and ample space provide a solid foundation for a variety of future ventures. The Essex County location offers easy access to major transportation routes and a strong local economy. This is a rare opportunity to acquire a substantial property with significant upside potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hartnett Auto Body ... Auto Repair Shop Hartnett Car Wash Car Wash

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Danvers
County
Essex
State
Massachusetts
Longitude
-70.924609921918
Latitude
42.554816819294

FAQs

What type of property is this?
Flex space - 10,752 SF Flex Space, $4M
Where is this flex space located?
The property is located at 15 Water St Danvers, MA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 10,752 SF industrial building on a 1.15-acre lot in Danvers, MA.; Eight drive-in doors, currently configured as a car wash, auto body, and detail shop.; Located at 15 Water Street, with excellent Route 128 & Route 35 access.
(978) 762-9771 Call to check price and availability
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