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Property summary
This street-level retail storefront suite comprises approximately 1,500 square feet and is located at the front of The Danvers Village in downtown Danvers. The interior layout includes a reception area, two private offices, a wide-open bullpen/work area, and two private in-suite bathrooms. Large front-facing windows provide exposure to pedestrian traffic, and building signage is available along with a two-way marquee on High Street. The Danvers Village is situated on a busy Route 35 corridor with proximity to downtown and convenient access to Route 128. The property provides on-site parking for approximately 55 vehicles, and Liberty Tree Mall is located within about one mile. The suite is configured to support service-oriented and storefront operations that require both a public-facing front area and enclosed office/work space.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store (Bike/Boat/Book/etc) Store
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General Contractor Construction Company
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Restaurant
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Shopping Center & Mall
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Landscaping
Location
Value estimations
Owner & transaction history
Zoning & alternative use
137 22.2 AUTHORITY AND APPLICABILITY A. General Authority The MSTND is an overlay district superimposed on all Underlying Zoning districts including the Industrial-1 (I-1), Residential-1 (R-1), Danvers Town Center-Core (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Danvers market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
I1 · Danvers, MA137 22.2 AUTHORITY AND APPLICABILITY A. General Authority The MSTND is an overlay district superimposed on all Underlying Zoning districts including the Industrial-1 (I-1), Residential-1 (R-1), Danvers Town Center-Core (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
137 22.2 AUTHORITY AND APPLICABILITY A. General Authority The MSTND is an overlay district superimposed on all Underlying Zoning districts including the Industrial-1 (I-1), Residential-1 (R-1), Danvers Town Center-Core (…
What can be built and operated here — officially.
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