92 1/2 High St - Office/Residential FOR SALE


Danvers, MA 01923
$574,999 USD
978-762-9771
92 1/2 High St, Danvers, MA for Sale
$574,999 USD
Office/Residential - FOR SALE
1/12
null | Request Cap Rate

92 1/2 High St
Danvers, MA 01923


HIGHLIGHTS

  • Off-street parking for six (6) vehicles
  • Fully-tenanted and in fantastic condition

OVERVIEW

The Mega Group has available this nicely located circa 1840 commercial building in downtown Danvers with off-street parking for six (6) vehicles. The building itself is fully-tenanted and in fantastic condition, two stories and expandable, featuring three (3) private offices on the second floor and two (2) private offices and common bathroom on the main level. The basement is exceptionally clean and consists of dry storage, forced air heating system, hot water heater and electric panel. This property has a myriad of potential uses from existing, as both owner-occupied or investment, to converting the property as a whole into apartments or live-work. Current location of Walsh Chiropractic who are relocating but remaining in Danvers. All tenants are TAW, showings are best arranged on Tuesdays & Thursdays. 92.5 High Street is on Route 35, less than a quarter-mile from the junction of Route 128, within the newly zoned High Street Mixed-Use Corridor District (HSMUC). The purpose of the HSMUC District is to retrofit and transform from an auto- oriented highway commercial corridor into an attractive, walkable, mixed use district that creates an attractive gateway to Downtown Danvers, provides incentive for property reinvestment, and is complimentary to adjacent neighborhoods, subject to all applicable provisions of Section 21 of the newly zoned district.

FOR SALE DETAILS

PRICE

$574,999 USD

PRICE/SF

$375 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1840

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,371 SF

ZONING

HSMUC

APN/PARCEL ID

DANV-000052-000000-000106A

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.