13 Elm St Danvers, MA 01923-2809

Property Details for 13 Elm St

Year built

1910

Construction

FRAME

Lot size

0.12 lot acres

Property size

4,644 SF

Zone code

C1

Property type

Retail space

APN

DANV M:043 L:347 P:

APU

DANVM043L347P

Description

This exceptional Danvers, MA property presents a unique opportunity for lease or owner-occupancy. Located at 13 Elm Street, this single-tenant retail space boasts 2,746 square feet on the ground floor of a 4,644 square foot building situated on a 5,332 square foot lot. The space features approximately 26 feet of high glass frontage, ideal for showcasing your business. A full basement provides valuable dry storage. Two handicap-accessible bathrooms are included. Each tenant has independent electric, natural gas, and water meters. The property is zoned DTC-C and benefits from its proximity to three municipal parking lots within 100 feet, supplemented by abundant on-street parking in downtown Danvers. This location is perfect for restaurants, retail businesses, professional offices, or service-oriented enterprises. Standard NNN lease terms are available, or the property can be purchased by an owner-occupant, potentially qualifying for financing with as little as 10% down. Note that an adjacent property, 15 Elm Street, generates additional income with a long-term lease in place until August 2027. This presents a compelling investment opportunity in a thriving downtown area. The building consists of one story.

Location Insight

City

Danvers

County

Essex

State

Massachusetts

Longitude

-70.9362

Latitude

42.5653

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments