$899,000
164 Sylvan St
Danvers, MA, 01923
Stand-alone commercial medical office building located in a well-established Danvers business corridor. The property is currently leased to MyEyeDr, a nationally recognized optometry provider, which recently executed a new 5-year lease extension, with an additional 5-year option thereafter, providing long-term income stability. The building offers strong street visibility, on-site parking, and convenient access to Route 128, Route 114, and surrounding North Shore communities. The single-tenant layout provides a simple ownership structure with no association fees and predictable operating expenses, making it well suited for investors seeking a stabilized medical/office asset or future owner-users evaluating a free-standing building in a desirable commercial location. Sale is subject to existing lease. Buyer and buyer’s agent to perform all due diligence.
Property Details
Price:
$899,000
MLS #:
73461909
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
164 Sylvan St
Type:
Commercial
City:
Danvers
Listed Date:
Dec 12, 2025
State:
MA
ZIP:
01923
Lot Size:
4,713 sqft / 0.11 acres (approx)
Year Built:
1715
Schools
Interior
Exterior
Financial
Tax Year
2025
Taxes
$14,716
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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Courtesy of LAER Realty Partners. 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.
164 Sylvan St
Danvers, MA
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