About 15 Cherry Street #21,22,23,24
PRICE ADJUSTMENT! Downtown Danvers Mixed-Use Investment - A rare chance to own a well-maintained, professionally managed mixed-use property in the heart of downtown Danvers. This income-producing building includes four units: two street-level commercial spaces and two residential apartments above, offering strong cash-flow potential and long-term investment value. The commercial spaces provide excellent visibility and flexible layouts suited for office, retail, or service type businesses. The spacious, well-kept apartments appeal to long-term tenants, while ample off-street parking adds a valuable downtown convenience. Just moments from restaurants, shops, public transportation, and major commuter routes, this property stands out in a highly desirable location. With a new price adjustment and a motivated seller, it offers exceptional value for investors and owner-occupants alike. Showings by appointment only.
Features of 15 Cherry Street #21,22,23,24
| MLS® # | 73438789 |
|---|---|
| Price | $1,325,000 |
| Square Footage | 4,645 |
| Acres | 0.10 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 15 Cherry Street #21,22,23,24 |
|---|---|
| Area | Danvers Center |
| City | Danvers |
| County | Essex |
| State | MA |
| Zip Code | 01923 |
Amenities
| Utilities | Public Water, Public Sewer, Natural Gas Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Roof | Asphalt/Composition Shingles |
|---|
Additional Information
| Zoning | R1 |
|---|
Listing Details
| Agent | Stephen Velonis |
|---|---|
| Office | Coldwell Banker Realty - Lynnfield |