15 Cherry Street, Danvers, MA 01923
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$1,525,000
Type: Mixed Use
Lease Type N/A
4645 Bldg. SQFT
N/A Restrooms
Parking: N/A

Property Description

Downtown Danvers Investment Opportunity-Mixed-Use Property. A rare opportunity to own this well-maintained professional building ideally located in the vibrant center of downtown Danvers. This professionally managed property features four total units - two commercial spaces on the first floor & two residential apartments above-offering a strong income potential for investors or owner-occupants. Both commercial suites are ideal for office, retail, or service-based businesses, benefiting from excellent street visibility & flexible layouts suitable for a variety of uses. The upper-level residential units are spacious & well-kept, appealing to long-term tenants. Ample off-street parking adds significant appeal for both residential & commercial tenants - a rare asset in the downtown area. Situated just steps from local shops, restaurants, public transportation, & major commuting routes, this premier investment property offers exceptional convenience. Showings by appointment only.

Property Details tap to expand

Property Information

  • Type: Mixed Use
  • Location: Other (See Remarks)
  • MLS ID#: 73438789

Building Information

  • Total SQFT: 4645

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/06/2025Active$1,525,000$328MLSPIN
10/02/2025New$1,525,000$328MLSPIN

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Seller's Representative: Stephen Velonis, Coldwell Banker Realty - Lynnfield
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-10-06 03:05:00

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