18 Water St - Storefront Retail/Office FOR SALE


Danvers, MA 01923
$1,000,000 USD
978-762-9771
18 Water St, Danvers, MA for Sale
$1,000,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | Request Cap Rate

18 Water St
Danvers, MA 01923


OVERVIEW

The Mega Group has available for SALE or LEASE this 5,208 +/- square foot single-tenant commercial building with off-street parking for four vehicles in the Danversport section of town. The subject property is 3,565 +/- rentable square feet on the street level with a 1,643 square foot heated loft space above, built in 1981, the open-concept front retail portion features 10' suspended ceilings and 7' suspended ceilings rear portion with two private offices and two (2) restrooms. The loft is wide-open space accessible from both the interior and exterior. The building features a sun-filled entryway is 5' glass folding double doors between four 7' glass panels, side delivery door and has had two-way signage in the past. Location is 18 Water Street, Danvers Massachusetts, the major commercial route between Salem Depot and Routes 114/128. Zoning is R1 (Residential) in a business district, with a history of Retail uses allowed as a protected nonconforming use.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

CROSS STREETS

High St

LAND ACRES

0.22 AC

LAND SF

9,700 SF

ZONING

R1

APN/PARCEL ID

DANV-000059-000000-000130

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.