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$1,390,000
N/A Beds N/A Baths
HOA
N/A
LOT size: 0.10 Acres
SQFT
4645
15 Cherry Street
Danvers, MA 01923
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Property Description

This property has recently undergone a price adjustment, creating an even more attractive opportunity to acquire a well-maintained, mixed-use building in the vibrant heart of downtown Danvers. This professionally managed property offers 4 total units, 2 first flr commercial spaces & 2 upper-level residential apartments, providing strong, diversified income potential for both investors & owner occupants. The street-level commercial suites offer excellent visibility, flexible layouts, & suitability for a wide range of office, retail, or service-based uses. The above 2 well-kept residential units appeal to long-term tenants seeking comfort & convenience. A rare advantage in the downtown district, the property includes ample off-street parking, enhancing desirability for both residential & commercial occupants. Ideally situated just steps from local shops, restaurants, & major commuter routes, this premier investment property delivers exceptional accessibility in this thriving community.

Property Details

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

Mortgage Calculator

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Map

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 2026-03-20 03:05:00

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