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4,645 sqft

$1,325,000

15 Cherry Street # 24 Unit: 21,22,23,24, Danvers MA, 01923

Price per sqft$285.25
Built in1900
Property size4,645 sqft
Property typeCommercial

Overview

Active

Listed Oct 2, 2025

Updated 3 weeks ago

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.

Additional information

MLS® ID
73438789

Interior Features

Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$18,926
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Stephen Velonis with Coldwell Banker Realty - Lynnfield

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Data last updated 2:57 AM UTC, 9/7/2026

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