You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Office buildings

200 Endicott St Danvers, MA 01923

6,604 SF 0.88 ac lot Built 1992
Entity Owned 27-yr Hold ~ Est. High Equity
Property ID
US38-1391460
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1992
Construction FRAME
Total area 6,604 SF
Lot 0.88 ac (38,398 SF)
Zoning code C3
APN DANV M:062 L:005 P:
UPID US38-1391460
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fidelity Investments Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.02M
Comparable Approach Comparable
$2.60M
Blend (final) Blend
$3.01M
Owner & transaction history
Naked Real Est LLC · 27 yrs held
Naked Real Est LLC
since 1999
7 recorded transactions
2010
Price N/A
2007
Price N/A
2007
Price N/A
2005
Price N/A
2003
Price N/A
1999
$1.6M
1998
$1.2M
Zoning & alternative use
C3 · Danvers, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of this section of the Danvers Zoning By-Laws is to define a specific zoning district in the Endicott Street area and to regulate the future growth and development within the district based upon, and consistent with, the predominant development and land uses existing within the district in 1998, as well as redevelopment options.

Zone name Commercial 3
General category COMMERCIAL
Zone area 225.83 ac
Source Realmo
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message