9 Bridge St 2,936 SF 100% Leased Retail Building Danvers, MA 01923 $1,299,000 ($442.44/SF)

INVESTMENT HIGHLIGHTS

  • Highly accessible!
  • Convenience store with movable Beer & Wine, and Lottery Licenses!
  • Potential development opportunity!

EXECUTIVE SUMMARY

FULLY LEASED 4-unit Mixed-Use property with 3 residential units and 1 commercial unit which is a small convenience store! Property is value-add and has potential for investment growth in many areas. Sought after location situated just off Route 62 on the Danvers/Beverly line at the Ryal Side split with ample off-street parking. Property is perfect for an investor with potential future value add or development opportunities. Centrally located, just minutes from train station and highway access. Buyer to do any due diligence as needed. Current financials available, reach out for more information!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,936 SF
Building Class
C
Year Built
1900
Price
$1,299,000
Price Per SF
$442.44
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.19 AC
Zoning
R2
Parking
14 Spaces (4.77 Spaces per 1,000 SF Leased)
Frontage
95’ on Bridge Street

ABOUT 9 BRIDGE ST , DANVERS, MA 01923

Mixed-Use property for sale with 3 residential units and a 4th commercial unit which is a small convenience store/deli with movable Beer/Wine & Lottery Licenses! Property is value-add and has potential for investment growth in many areas. Sought after location situated just off Route 62 on the Danvers/Beverly line at the Ryal Side split with ample off-street parking. Property is perfect for a owner operator or investor with potential possibilities of Danvers new zoning. Centrally located, just minutes from train station and highway access. Buyer to do due diligence with the town of Danvers on your intended use.

  • Listing ID: 33042339

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 9 Bridge St, Danvers, MA 01923