$1,525,000
15 Cherry Street # 24
Danvers, MA, 01923
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.
Property Details
Price:
$1,525,000
MLS #:
73438789
Status:
Active
Beds:
0
Baths:
0
Address:
15 Cherry Street # 24
Type:
Commercial
Neighborhood:
danverscenter
City:
Danvers
Listed Date:
Oct 2, 2025
State:
MA
Finished Sq Ft:
4,645
Total Sq Ft:
4,645
ZIP:
01923
Lot Size:
4,500 sqft / 0.10 acres (approx)
Year Built:
1900
Schools
Interior
Exterior
Parking Spots
12
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…
More About MarieMortgage Calculator
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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
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