18 Water St
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18 Water St
5,208 SF Retail Building Danvers, MA 01923 £789,000 (£151/SF)
Executive Summary
The Mega Group has available for SALE or LEASE this 5,208 +/- square foot single-tenant commercial building with off-street parking for four 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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,208 SF
Building Class
B
Year Built
1981
Price
£789,000
Price Per SF
£151
Tenancy
Single
Number of Floors
2
Building FAR
0.54
Land Acres
0.22 AC
Zoning
R1 - Zoning is R1 (Residential) in a business district, with a history of Retail uses allowed as a protected nonconforming use.
Parking
4 Spaces (0.77 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | DANV-000059-000000-000130 | Improvements Assessment | £87,895 |
| Land Assessment | £209,401 | Total Assessment | £297,295 |
PROPERTY TAXES
Parcel Number
DANV-000059-000000-000130
Land Assessment
£209,401
Improvements Assessment
£87,895
Total Assessment
£297,295
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Brian DApice -
The Mega Group
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18 Water St
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