13-15 Elm St - Storefront FOR SALE


Danvers, MA 01923
$1,000,000 USD
978-762-9771
13-15 Elm St, Danvers, MA for Sale
$1,000,000 USD
Storefront - FOR SALE
1/14
null | Request Cap Rate

13-15 Elm St
Danvers, MA 01923


OVERVIEW

The Mega Group is pleased to make available this inline retail investment opportunity in downtown Danvers MA, featuring two (2) retail units with a re-development upside. Each tenant has their own electric, natural gas and water meters. The Subject Property is a 4,644 +/- square foot single-level retail building with a full basement for dry storage having been built around 1910, parking behind, and situated on 5,333 +/- square feet of land. In addition to the parking on-site, there is an extraordinary amount of parking available in downtown Danvers both on street and in one of the seven municipal parking lots, one of which almost abuts the subject property. 13-15 Elm Street is within the newly zoned the Danvers Town Center Core District (DTC-C). The general purpose of the Danvers Town Center – Core District (DTC-C) is to promote the historic character of Danvers’ traditional civic and central business district and ensure that new reinvestment enhances this vibrant, authentic, connected, and resilient Town center. The following standards are intended to enhance the traditional central business district and provide opportunities for moderate scale commercial, institutional, residential, and mixed-use buildings; the production of moderate density housing forms that are compatible with the historic character of the urban core; and a supporting Public Realm with convenient access multiple modes of transportation, and an attractive pedestrian environment with active streetscapes and open spaces.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

DTC-C

APN/PARCEL ID

DANV-000043-000000-000347

ASK ABOUT THIS PROPERTY

Brian DApiceThe Mega GroupMore Info
978-762-9771

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Brian DApiceThe Mega GroupMore Info
978-762-9771

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.