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Home Massachusetts Boston Commercial Properties

15 Cherry Street Danvers, MA 01923
212 Days on Boardwalk PropertiesPrice Reduced $135,000
39
15 Cherry Street, Danvers, MA 01923
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$1,390,000
Type: Mixed Use
Lease Type N/A
4645 Bldg. SQFT
N/A Restrooms
Parking: N/A

Property Description

Downtown Danvers Mixed-Use Investment - Rare opportunity to own a well-maintained, professionally managed mixed-use property in the heart of downtown Danvers. This income-producing building features four units, including two street-level commercial spaces and two residential apartments above, offering strong cash-flow potential and long-term investment value. The commercial units benefit from outstanding visibility and flexible floor plans ideal for office, retail, or service use. The residential apartments are spacious, well-maintained, and attractive to long-term tenants. Ample off-street parking enhances the property’s appeal, providing a rare convenience in the downtown setting. Located just moments from restaurants, shops, public transportation, and major commuter routes, this is a standout opportunity in a highly desirable location. New price adjustment and Motivated Seller create an exceptional value for investors and owner-occupants alike. Showings are by appointment only.
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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
03/20/2026Active$1,390,000$299MLSPIN
03/16/2026Price Change$1,390,000$299MLSPIN
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 2026-04-21 12:06:00

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