Advertise
    Danvers, MA
    Mixed-Use

    Danvers, MA Mixed-use Properties for Sale

    Notify Me
    List
    Map
    Peabody, MA Middleton, MA Beverly, MA Salem, MA Topsfield, MA Boxford, MA Lawrence, MA Hamilton, MA
    Danvers Mixed-Use Investment Opportunity
    Updated: May 16
    Danvers Mixed-Use Investment Opportunity

    15 Cherry Street # 21, 22, 23, 24, Danvers, MA 01923

    $1,390,000
    4,645 sqft
    Mixed‑use property in the heart of downtown Danvers offering strong cash‑flow potential.
    Four units: two commercial spaces with high visibility and flexible floor plans, and two well‑maintained residential apartments.
    Ample off‑street parking**, a rare convenience in a downtown location.
    Professionally managed and well‑maintained building.
    Conveniently located near restaurants, shops, public transportation, and major commuter routes.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    15 Cherry Street # 21, 22, 23, 24, Danvers, MA, MA 01923

    View Property Analytics

    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $94K
      Annual

    • Price @ 7% Cap

      $1.34M
      Suggested
    View Property Analytics
    Four-Unit Mixed-Use Building
    Updated: Dec 23, 2025
    Four-Unit Mixed-Use Building

    15 Cherry St, Danvers, MA 01923

    Contact for pricing
    4,645 sqft
    4,645 SF four‑unit mixed‑use building at 15 Cherry St
    Two first‑floor commercial spaces with street visibility and flexible layouts
    Two residential apartments on the upper level
    Off‑street parking for both commercial and residential tenants
    Downtown Danvers positioning near shops, restaurants, public transportation, and major commuting routes
    View details
    Mixed-Use Property in Downtown Danvers
    Mixed-Use Property in Downtown Danvers

    15 Cherry St, Danvers, MA 01923

    Contact for pricing
    4,500 sqft

    Mixed-use property with commercial and residential units in downtown Danvers.

    View details
    Mixed-Use Property in Downtown Danvers
    Mixed-Use Property in Downtown Danvers

    15 Cherry St 21,22,23,24, Danvers, MA 01923

    $1,390,000
    0.10 AC lot

    Well-maintained mixed-use property with commercial and residential units.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Danvers, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    13 Central Street, Salem, MA 01970

    $2,290,000
    6,442 sqft

    Three-story mixed-use building with a ground-floor restaurant and residential apartments above.

    View details
    Six-Unit Mixed-Use Building
    Six-Unit Mixed-Use Building

    149 Washington Street, Peabody, MA 01960

    $1,285,000
    4,617 sqft

    Includes four residential units and approximately 1,515 sf of commercial storefront space used as two retail spaces.

    View details
    Six-Unit Mixed-Use Property
    Six-Unit Mixed-Use Property

    149 Washington St, Peabody, MA 01960

    $1,250,000

    Four residential apartments accompany two commercial storefront spaces in a walkable neighborhood with public transportation nearby.

    View details
    Landmark Mixed-Use Building For Sale
    Landmark Mixed-Use Building For Sale

    112 North St, Salem, MA 01970

    $699,000
    0.05 AC lot

    Fully leased investment property near downtown and train station.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Opportunity on Andover Street
    Development Opportunity on Andover Street

    1575 Andover St, Tewksbury, MA 01876

    $2,000,000
    2.10 AC lot

    Two parcels totaling over 2.1 acres for development.

    View details
    Methuen Historic District Land Opportunity
    Methuen Historic District Land Opportunity

    281 Broadway, Methuen, MA 01844

    $750,000
    0.50 AC lot

    Half acre in historic district near I-93 and New Hampshire.

    View details
    Auburndale Village VC2-Zoned Land
    Auburndale Village VC2-Zoned Land

    283 Melrose St, Newton, MA 02466

    $8,999,000

    Rare opportunity for housing and mixed-use development in Newton.

    View details
    Approved Condo Development Site
    Approved Condo Development Site

    231-245 Grove St, Boston, MA 02132

    $3,695,000
    1 sqft 0.31 AC lot

    Approved 33-unit luxury condo development site in West Roxbury.

    View details

    Off-Market Properties in Danvers, MA

    Consider similar Off-Market properties in Danvers, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    130 Ctr St
    OFFICE/RESIDENTIAL (MIXED USE)

    130 Ctr St, Danvers, MA 01923-1400

    $3,635,000
    Estimated value
    2.65 AC lot
    View details
    7 Brg St
    OFFICE/RESIDENTIAL (MIXED USE)

    7 Brg St, Danvers, MA 01923-3807

    $1,465,000
    Estimated value
    0.31 AC lot
    View details
    90 High St
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    90 High St, Danvers, MA 01923-3130

    $2,250,000
    Estimated value
    2.51 AC lot
    View details
    24 Newbury St
    OFFICE/RESIDENTIAL (MIXED USE)

    24 Newbury St, Danvers, MA 01923-1049

    $225,000
    Estimated value
    6.90 AC lot
    View details
    21 Park St
    OFFICE/RESIDENTIAL (MIXED USE)

    21 Park St, Danvers, MA 01923-3072

    $435,000
    Estimated value
    3,048 sqft 0.10 AC lot
    View details
    20 Water St
    OFFICE/RESIDENTIAL (MIXED USE)

    20 Water St, Danvers, MA 01923-3785

    $1,010,000
    Estimated value
    0.22 AC lot
    View details
    86 Elm St
    OFFICE/RESIDENTIAL (MIXED USE)

    86 Elm St, Danvers, MA 01923-2838

    $220,000
    Estimated value
    2,115 sqft 0.09 AC lot
    View details
    9 Brg St
    OFFICE/RESIDENTIAL (MIXED USE)

    9 Brg St, Danvers, MA 01923-3807

    $755,000
    Estimated value
    2,936 sqft 0.19 AC lot
    View details
    74 Holten St
    OFFICE/RESIDENTIAL (MIXED USE)

    74 Holten St, Danvers, MA 01923-1927

    $340,000
    Estimated value
    1,638 sqft 0.20 AC lot
    View details
    14 Water St
    OFFICE/RESIDENTIAL (MIXED USE)

    14 Water St, Danvers, MA 01923-3793

    $1,140,000
    Estimated value
    4,686 sqft 0.35 AC lot
    View details
    78 High St
    OFFICE/RESIDENTIAL (MIXED USE)

    78 High St, Danvers, MA 01923-3148

    $605,000
    Estimated value
    2,656 sqft 0.07 AC lot
    View details
    150 Maple St
    OFFICE/RESIDENTIAL (MIXED USE)

    150 Maple St, Danvers, MA 01923-2067

    $1,870,000
    Estimated value
    0.50 AC lot
    View details
    10 School St
    OFFICE/RESIDENTIAL (MIXED USE)

    10 School St, Danvers, MA 01923-2916

    $2,495,000
    Estimated value
    8,000 sqft 0.13 AC lot
    View details
    11 Andover St
    OFFICE/RESIDENTIAL (MIXED USE)

    11 Andover St, Danvers, MA 01923-1412

    $410,000
    Estimated value
    2,052 sqft 0.19 AC lot
    View details
    123 Sylvan St
    OFFICE/RESIDENTIAL (MIXED USE)

    123 Sylvan St, Danvers, MA 01923-3621

    $365,000
    Estimated value
    1,248 sqft 0.23 AC lot
    View details
    50 Buxton Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    50 Buxton Rd, Danvers, MA 01923-1320

    $590,000
    Estimated value
    2,016 sqft 0.59 AC lot
    View details
    10 Purchase St
    OFFICE/RESIDENTIAL (MIXED USE)

    10 Purchase St, Danvers, MA 01923-3693

    $315,000
    Estimated value
    3,283 sqft 0.17 AC lot
    View details
    467 Maple St
    OFFICE/RESIDENTIAL (MIXED USE)

    467 Maple St, Danvers, MA 01923-4072

    $505,000
    Estimated value
    2,854 sqft 0.26 AC lot
    View details
    68 Holten St
    OFFICE/RESIDENTIAL (MIXED USE)

    68 Holten St, Danvers, MA 01923-1980

    $520,000
    Estimated value
    2,774 sqft 0.47 AC lot
    View details
    64 Holten St
    OFFICE/RESIDENTIAL (MIXED USE)

    64 Holten St, Danvers, MA 01923-1973

    $1,140,000
    Estimated value
    13,854 sqft 0.60 AC lot
    View details

    Danvers, MA Mixed-Use Properties Market Trends and Statistics

    Explore 72 mixed-use properties for sale in Danvers, MA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,790 square feet of properties for sale, with an estimated market value of $2,780,000.

    Sale prices for multi use buildings in Danvers, MA average $1,390,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 28K
    Population Growth (5Y) +1.2%
    Median Household Income $117,072
    College Educated 64.4%

    High-Yield Neighborhoods for Investment

    Identify Danvers submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01923 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.77%
    Property Tax per SF $14.21 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Mixed-use properties for Sale Near Danvers, MA

    Popular Searches in Danvers, MA

    Popular Categories

    Most Searched ZIP Codes in Danvers, MA

    • 01923

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!