200 Endicott St, Danvers, MA 01923
- Office buildings
- 6,604 SF
- 0.88 lot acres
Current Use by Public Records
- Fidelity Investments / Financial Advisor
Property Details for 200 Endicott St
- Year built
- 1992
- Construction
- FRAME
- Lot size
- 0.88 lot acres
- Zone code
- C3
- Property type
- Office buildings
- APN
- DANV M:062 L:005 P:
- APU
- DANVM062L005P
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 30, 2010 | — | Naked Re LLC | — | Deed Of Trust · related | $3.2M · Td Bank NA |
| Jun 6, 2007 | — | Naked Re LLC | — | Deed Of Trust · related | $2.4M · Banknorth NA |
| Feb 21, 2007 | — | Naked Re LLC | — | Deed Of Trust · related | $2.6M · Banknorth NA |
| Sep 19, 2005 | — | Naked Re LLC | — | Deed Of Trust · related | $1.3M · Banknorth NA |
| Jan 16, 2003 | — | Naked Real Est LLC | — | Deed Of Trust · related | $8.9M · Merrill Lynch Credit Corp |
| Jun 28, 1999 | $1,600,000 | Naked Real Est LLC | Renaissance Dev Corp | Grant Deed | $1.1M · Salem Five Cents Savings Bank |
| Jun 8, 1998 | $1,200,000 | Renaissance Dev Corp | Alboth,claire M | Grant Deed | — |
| Feb 1, 1991 | — | Claire M Alboth | — | Deed Of Trust · related | $225k · Shore Bk & Tr Co |
Description
This exceptional 6,604-square-foot retail property at 200 Endicott Street in Danvers, Massachusetts, presents a unique investment opportunity. Situated on a 1.11-acre lot, this single-tenant building, constructed in 1992, boasts excellent visibility at the corner of Endicott and Sylvan Streets. The property offers 54 parking spaces, providing ample convenience for customers and employees. Its C3 zoning allows for a variety of uses, making it suitable for a range of businesses. The building's strategic location offers easy access to major transportation arteries, including proximity to Route 128 (within half a mile), I-95 (2.5 miles), and Route 1 (3 miles). The entire 6,604 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. The property's prominent location and abundant parking make it ideal for businesses seeking high visibility and customer accessibility. This is a rare opportunity to secure a well-located, spacious retail property in a thriving area of Danvers. The property's previous tenant was a Fidelity Investments branch, demonstrating its suitability for financial institutions or similar businesses. However, the versatile zoning allows for a wide range of retail uses, including restaurants and drive-through establishments.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,270,000
- 6.5%
- $3,020,000
- 7%
- $2,805,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,601,000
Market price range: $1.07M - $2.60M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Danvers
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9448
- Latitude
- 42.5477
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
