Technical
Financial
Distress signals
Property profile

31 Newbury St Danvers, MA 01923

OFF-MARKET
Turn key restaurants
Property ID
US38-0374717
9,131 SF 1.32 ac lot Built 1970
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Construction FRAME
Total area 9,131 SF
Lot 1.32 ac (57,499 SF)
Zoning code HC
APN DANV M:055 L:001 P:
UPID US38-0374717

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

31 Newbury St Danvers, MA 01923
Danvers metro Census 211402 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.24M

Owner & transaction history

since 2025
4 recorded transactions
2025
$6.3M
1999
$600,000
1993
$420,000
1987
Price N/A

Zoning & alternative use

HC · Danvers, MA
Zoning description

-IA District TABLE 3 - TABLE OF DIMENSIONAL REQUIREMENTS - COMMERCIAL & INDUSTRIAL - (* see section 7.3 for Supplemental Provisions) approved by Town Meeting on Janaury 29, 2007 PARKING SETBACKS from HIGHWAY CORRIDOR (HC…

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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