15 Cherry Street #21,22,23,24
$1,325,000
4,645
Sqft
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$1,325,000
4,645
Living Area
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Property Description
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.
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Highlights
- Area: Danvers Center
- Unit Number: 21, 22, 23, 24
- Status: Active
- Property Class: Commercial Sale
- Year Built: 1900
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Additional Details
- Roof: Asphalt/Composition Shingles
- Zoning Description: Other (See Remarks)
- Zoning: R1
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Fees / Taxes
- Tax Year: 2025
- Taxes: $18,926
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Coldwell Banker Realty - Lynnfield.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.