Retail

Danvers, MA Retail Space for Sale

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Danvers Mixed-Use Investment Opportunity
Updated: May 16
Danvers Mixed-Use Investment Opportunity

15 Cherry Street # 21, 22, 23, 24, Danvers, MA 01923

$1,390,000
4,645 sqft
Mixed‑use property in the heart of downtown Danvers offering strong cash‑flow potential.
Four units: two commercial spaces with high visibility and flexible floor plans, and two well‑maintained residential apartments.
Ample off‑street parking, a rare convenience in a downtown location.
Professionally managed and well‑maintained building.
Conveniently located near restaurants, shops, public transportation, and major commuter routes.
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Historic Fire Station Redevelopment Opportunity
Updated: Apr 24
Historic Fire Station Redevelopment Opportunity

135 Maple St, Danvers, MA 01923

$2,000,000
15,769 sqft 0.32 AC lot
Rare opportunity to own and redevelop the historic Danvers Fire Station.
Large 15,769± SF brick building on a 0.324‑acre downtown lot.
High adaptive reuse potential for commercial, multi‑family, or mixed‑use development.
Interior is a blank slate, ready for customization.
Features a large first‑floor high‑bay garage.
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Mixed-Use Property in Downtown Danvers
Mixed-Use Property in Downtown Danvers

15 Cherry St, Danvers, MA 01923

Contact for pricing
4,500 sqft

Mixed-use property with commercial and residential units in downtown Danvers.

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Mixed-Use Property in Downtown Danvers
Mixed-Use Property in Downtown Danvers

15 Cherry St 21,22,23,24, Danvers, MA 01923

$1,390,000
0.10 AC lot

Well-maintained mixed-use property with commercial and residential units.

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Based on your search, we've compiled 60 Potential Opportunities for your consideration. Besides 4 Active listings in Danvers, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 51 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Downtown Retail Building with Basement
Downtown Retail Building with Basement

175-181 Rantoul St, Beverly, MA 01915

$1,100,000
6,428 sqft

Standalone street-level retail building on a high-visibility downtown corridor with a full basement for storage or operations.

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Downtown Retail and Office Building
Downtown Retail and Office Building

175-181 Rantoul St, Beverly, MA 01915

$1,295,000
6,428 sqft

Standalone street-level retail and office building with large storefront windows and full basement for added support space.

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Retail Building Near Salem T
Retail Building Near Salem T

280 Bridge St, Salem, MA 01970

$299,000
1,100 sqft

Commercial/retail building with parking near Salem T station.

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High-Visibility Commercial Space in Salem
High-Visibility Commercial Space in Salem

97 Bridge Street, Salem, MA 01970

Contact for pricing

Commercial space in Salem near downtown and commuter rail.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Off-Market Properties in Danvers, MA

Consider similar Off-Market properties in Danvers, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

138 High St
RETAIL STORES (PERSONAL SERVICES)

138 High St, Danvers, MA 01923-3132

Value Estimation by Request
357 sqft 0.03 AC lot
View details
41 Maple St
RETAIL STORES (PERSONAL SERVICES)

41 Maple St, Danvers, MA 01923-2840

$1,585,000
Estimated value
13,449 sqft 0.19 AC lot
View details
430 Maple St
RETAIL STORES (PERSONAL SERVICES)

430 Maple St, Danvers, MA 01923-1521

$690,000
Estimated value
5,960 sqft 0.26 AC lot
View details
55 Maple St
RETAIL STORES (PERSONAL SERVICES)

55 Maple St, Danvers, MA 01923-2841

$1,100,000
Estimated value
3,934 sqft 0.12 AC lot
View details
90 Elm St
RETAIL STORES (PERSONAL SERVICES)

90 Elm St, Danvers, MA 01923-2838

Value Estimation by Request
662 sqft 0.03 AC lot
View details
13 Elm St
RETAIL STORES (PERSONAL SERVICES)

13 Elm St, Danvers, MA 01923-2809

$905,000
Estimated value
4,644 sqft 0.12 AC lot
View details
158 Andover St
RETAIL STORES (PERSONAL SERVICES)

158 Andover St, Danvers, MA 01923-1428

$1,310,000
Estimated value
7,232 sqft 1.00 AC lot
View details
24 Maple St
RETAIL STORES (PERSONAL SERVICES)

24 Maple St, Danvers, MA 01923-2812

$630,000
Estimated value
4,390 sqft 0.09 AC lot
View details
10 Maple St
RETAIL STORES (PERSONAL SERVICES)

10 Maple St, Danvers, MA 01923-2812

$1,005,000
Estimated value
7,555 sqft 0.14 AC lot
View details
56 Maple St
RETAIL STORES (PERSONAL SERVICES)

56 Maple St, Danvers, MA 01923-2843

$1,855,000
Estimated value
8,040 sqft 0.13 AC lot
View details
64 Maple St
RETAIL STORES (PERSONAL SERVICES)

64 Maple St, Danvers, MA 01923-2843

$650,000
Estimated value
3,710 sqft 0.11 AC lot
View details
74 High St
RETAIL STORES (PERSONAL SERVICES)

74 High St, Danvers, MA 01923-3148

Value Estimation by Request
1,596 sqft 0.03 AC lot
View details
17 Elm St
RETAIL STORES (PERSONAL SERVICES)

17 Elm St, Danvers, MA 01923-2809

$675,000
Estimated value
2,812 sqft 0.09 AC lot
View details
91 High St
RETAIL STORES (PERSONAL SERVICES)

91 High St, Danvers, MA 01923-3127

$610,000
Estimated value
2,508 sqft 0.23 AC lot
View details
1 Maple St
RETAIL STORES (PERSONAL SERVICES)

1 Maple St, Danvers, MA 01923-2811

$1,240,000
Estimated value
19,885 sqft 1.09 AC lot
View details
17 Hobart St
RETAIL STORES (PERSONAL SERVICES)

17 Hobart St, Danvers, MA 01923-2053

Value Estimation by Request
5,345 sqft 0.36 AC lot
View details
48 Maple St
RETAIL STORES (PERSONAL SERVICES)

48 Maple St, Danvers, MA 01923-2812

Value Estimation by Request
724 sqft 0.02 AC lot
View details
35 Elm St
RETAIL STORES (PERSONAL SERVICES)

35 Elm St, Danvers, MA 01923-2835

$875,000
Estimated value
4,604 sqft 0.42 AC lot
View details
139 Maple St
RETAIL STORES (PERSONAL SERVICES)

139 Maple St, Danvers, MA 01923-2060

Value Estimation by Request
1,764 sqft 0.15 AC lot
View details
146 Pne St
RETAIL STORES (PERSONAL SERVICES)

146 Pne St, Danvers, MA 01923-2630

Value Estimation by Request
1,787 sqft 1.05 AC lot
View details

Danvers, MA Retail Space Market Trends and Statistics

Explore 55 retail space for sale in Danvers, MA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 20,414 square feet of properties for sale, with an estimated market value of $3,390,000.

Sale prices for retail space in Danvers, MA start at $1,390,000, averaging $1,695,000, and reaching up to $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 1
Automotive properties 1
Banks 1
Car washes 1
Shopping centers 1

Demographics Overview

Population 28K
Population Growth (5Y) +1.2%
Median Household Income $117,072
College Educated 64.4%

High-Yield Neighborhoods for Investment

Identify Danvers submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01923 $2.5M

Taxes & Financing

Tax Rate (average for all types) 1.77%
Property Tax per SF $14.21 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

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