75 Newbury St Danvers, MA 01923-1083

Property Details for 75 Newbury St

Year built

1986

Construction

STEEL FRAME

Lot size

2.44 lot acres

Property size

28,772 SF

Zone code

HC

Property type

Super regional malls

APN

DANV M:048 L:033 P:

APU

DANVM048L033P

Description

This 10,857 square foot commercial building in Danvers, MA, is ideally situated on Route 1, boasting daily traffic exceeding 31,000 vehicles. Its prime location directly across from a Home Depot ensures exceptional visibility and accessibility. The property features two renovated bathrooms, a conference room, a convenient loading dock, and a side garage door, offering versatile functionality. Currently configured as a church, the space will be available after the end of April, with flexible move-in dates to accommodate various business needs. The current lease rate is $16 per square foot, with $5.10 per square foot in NNN expenses. The property's substantial size allows for the possibility of dividing the space to suit multiple tenants. This presents a unique opportunity for businesses seeking a high-visibility location with ample room for growth and expansion. The property's diverse features, including the loading dock and garage door, make it suitable for a range of commercial uses, including retail, industrial, and restaurant operations. Its flexible layout and prime location in Danvers, MA (zip code 01923, 75 Newbury St) offer significant potential for success.

Location Insight

City

Danvers

County

Essex

State

Massachusetts

Longitude

-70.9757

Latitude

42.5631

CBSA code

14460

CBSA name

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

Property Tax & Assessments