$1,525,000

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

  • 4,645 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $328/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Downtown Danvers Investment Opportunity-Mixed-Use Property. A rare opportunity to own this well-maintained professional building ideally located in the vibrant center of downtown Danvers. This professionally managed property features four total units - two commercial spaces on the first floor & two residential apartments above-offering a strong income potential for investors or owner-occupants. Both commercial suites are ideal for office, retail, or service-based businesses, benefiting from excellent street visibility & flexible layouts suitable for a variety of uses. The upper-level residential units are spacious & well-kept, appealing to long-term tenants. Ample off-street parking adds significant appeal for both residential & commercial tenants - a rare asset in the downtown area. Situated just steps from local shops, restaurants, public transportation, & major commuting routes, this premier investment property offers exceptional convenience. Showings by appointment only.

Listing Status:
Active
Date Added:
October 2, 2025 at 05:00AM
Listing Office:
Coldwell Banker Realty - Lynnfield : 781-334-5700
Listing Agent:
Stephen Velonis : 978-697-7855
MLS ID:
73438789
  • Roofing: Asphalt/Composition Shingles
  • Originating MLS: MLS Property Information Network
  • County: Essex
  • Zoning: R10433800215015444
  • Utilities: Public WaterPublic SewerNatural Gas Available
  • Source: MLS Property Information Network

This listing courtesy of Stephen Velonis, Coldwell Banker Realty - Lynnfield

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Great Oak Elementary School

76 Pickering St, Danvers, MA, 01923

Grades KG-5

0.59 miles away

H

Holten Richmond Middle School

55 Conant St, Danvers, MA, 01923

Grades 6-8

0.48 miles away

D

Danvers High School

60 Cabot Rd, Danvers, MA, 01923

Grades 9-12

1.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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