$975,000
164 Sylvan St
Danvers, MA, 01923
Turnkey investment opportunity in Danvers! This professional office condo is currently leased to MyEyeDr, a strong national medical tenant. Prior to November 9, 2025, MyEyeDr will sign a 5-year lease extension, with an additional 5-year option available—offering up to 10 years of future tenancy. The building features excellent visibility, ample on-site parking, and a prime location near Route 128. Ideal for investors seeking stable, long-term income with a reputable tenant in place. Solid North Shore medical/office market with low vacancy. Don’t miss this chance to acquire a performing asset with built-in cash flow and committed tenancy.
Property Details
Price:
$975,000
MLS #:
73421317
Status:
Active
Beds:
0
Baths:
3
Address:
164 Sylvan St
Type:
Commercial
City:
Danvers
Listed Date:
Aug 22, 2025
State:
MA
ZIP:
01923
Lot Size:
4,713 sqft / 0.11 acres (approx)
Year Built:
1715
Schools
Interior
Exterior
Parking Spots
8
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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