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15 Cherry Street, Unit 21,22,23,24, Danvers CenterDanvers, MA 01923Price: $1,390,000

  • Price: $1,390,000
  • 198 Days on Market
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Federal 30-year interest rate: 6.3% last updated on Apr 16, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,390,000List Price
  • 0.1Acreage
  • 4,645Square Feet
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Listed by Stephen Velonis of Coldwell Banker Realty - Lynnfield
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 of 15 Cherry Street, Unit 21,22,23,24, Danvers Center

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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