$1,325,000
15 Cherry Street # 24
Danvers, MA, 01923
PRICE ADJUSTMENT! Downtown Danvers Mixed-Use Investment – A rare chance to own a well-maintained, professionally managed mixed-use property in the heart of downtown Danvers. This income-producing building includes four units: two street-level commercial spaces and two residential apartments above, offering strong cash-flow potential and long-term investment value. The commercial spaces provide excellent visibility and flexible layouts suited for office, retail, or service type businesses. The spacious, well-kept apartments appeal to long-term tenants, while ample off-street parking adds a valuable downtown convenience. Just moments from restaurants, shops, public transportation, and major commuter routes, this property stands out in a highly desirable location. With a new price adjustment and a motivated seller, it offers exceptional value for investors and owner-occupants alike. Showings by appointment only.
Property Details
Price:
$1,325,000
MLS #:
73438789
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
danverscenter
Listed Date:
Oct 2, 2025
Finished Sq Ft:
4,645
Total Sq Ft:
4,645
Lot Size:
4,500 sqft / 0.10 acres (approx)
Year Built:
1900
Schools
Interior
Exterior
Roof
Asphalt/Composition Shingles
Financial
Tax Year
2025
Taxes
$18,926
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Commercial in Danvers as of Sep 21, 2026
5
Commercial Listed
169
Avg DOM
66,433
Avg $ / SqFt
$1,011,000
Avg List Price
Community
- Address15 Cherry Street # 24 Danvers MA
- CityDanvers
- CountyEssex
- Zip Code01923
Subdivisions in Danvers
Similar Listings Nearby
Property Summary
- 15 Cherry Street # 24 Danvers MA is a Commercial for sale in Danvers, MA, 01923. It is listed for $1,325,000 To schedule a showing of MLS#73438789 at 15 Cherry Street # 24 in Danvers, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Coldwell Banker Realty – Lynnfield. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
15 Cherry Street # 24
Danvers, MA