INVESTMENT / OWNER OCCUPIED SINGLE-TENANT RETAIL OPPORTUNITY
18 Water Street, Danvers MA
Price just reduced over $100,000. The Mega Group has available FOR SALE ONLY this 5,208 +/- square foot single-tenant commercial building with off-street parking for four (4) tandem vehicles in the Danversport section of town. The subject property is 3,565 +/- rentable square feet on the street level with a 1,643 square foot heated loft space above, built in 1981, the open-concept front retail portion features 10' suspended ceilings and 7' suspended ceilings rear portion with two private offices and two (2) restrooms. The loft is wide-open space accessible from both the interior and exterior. The building features a sun-filled entryway is 5' glass folding double doors between four 7' glass panels, side delivery door and has had two-way signage in the past.
Location is 18 Water Street, Danvers Massachusetts, the major commercial route between Salem Depot and Routes 114/128. Zoning is R1 (Residential) in a business district, with a history of Retail uses allowed as a protected nonconforming use.
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