9 Brg St Danvers, MA 01923-3807
Property profile & analytics
9 Brg St Danvers, MA 01923-3807
- Investment properties
- 2,936 SF
- 0.19 lot acres
Property ID
US38-1820159
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Cardtronics ATM / Atm
Property Details for 9 Brg St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.19 lot acres
- Property size
- 2,936 SF
- Zone code
- R2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- DANV M:060 L:054 P:
- APU
- DANVM060L054P
Description
This exceptional mixed-use property at 9 Bridge Street in Danvers, Massachusetts, presents a compelling investment opportunity. The offering includes a four-unit building: three residential units and a thriving convenience store/deli occupying the fourth unit. The convenience store currently holds transferable beer, wine, and lottery licenses, adding significant value to the acquisition. Located just off Route 62, at the Danvers/Beverly line near the Ryal Side split, this property benefits from ample off-street parking. Its central location provides easy access to the train station and major highways, enhancing its appeal to both residents and businesses. The property's potential for growth is further amplified by Danvers' evolving zoning regulations, offering possibilities for future development or expansion. The asking price is $1,449,000. Prospective buyers are advised to conduct their own due diligence with the Town of Danvers to confirm intended use and compliance with local ordinances. This value-add property is ideal for owner-operators seeking a hands-on investment or investors looking for a strong return on investment in a desirable Massachusetts location. The property's existing income stream, combined with its development potential, makes it a truly unique opportunity in the Essex County market. The zip code is 01923.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $755,000
- ML approach
- $820,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $990,000
- 6.5%
- $915,000
- 7%
- $850,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $873,000
- AI Estimate
- $786,000
Market price range: $329k - $873kMarket price range: $225k - $787k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $580,000 Current use
- AUTO REPAIR, GARAGE
- $705,000 Change: +21% Conversion: Difficult
- RETAIL STORES
- $655,000 Change: +12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Danvers
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9094
- Latitude
- 42.5572
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$0.00
$311,100
$607,100
$918,200
-
$0.00
$0.00
$0.00
