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Cale Roberts
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15 Cherry Street, Unit 21,22,23,2, Danvers, MA 01923

$1,390,000
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Active
SQUARE FEET4,645 MLS#73438789
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Downtown Danvers Mixed-Use Investment - Rare opportunity to own a well-maintained, professionally managed mixed-use property in the heart of downtown Danvers. This income-producing building features four units, including two street-level commercial spaces and two residential apartments above, offering strong cash-flow potential and long-term investment value. The commercial units benefit from outstanding visibility and flexible floor plans ideal for office, retail, or service use. The residential apartments are spacious, well-maintained, and attractive to long-term tenants. Ample off-street parking enhances the propertys appeal, providing a rare convenience in the downtown setting. Located just moments from restaurants, shops, public transportation, and major commuter routes, this is a standout opportunity in a highly desirable location. New price adjustment and Motivated Seller create an exceptional value for investors and owner-occupants alike. Showings are by appointment only.

15 Cherry Street, Unit 21,22,23,2 | MLS# 73438789

This commercial property located at 15 Cherry Street, Unit 21,22,23,2, Danvers, MA 01923 is currently listed for sale with an asking price of $1,390,000. Search Danvers real estate on caleroberts.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.10 Acres
Roof Type: Asphalt/Composition Shingles
Taxes: $18,926
Year Built: 1900

Feature Descriptions

Building Area Total: 4645
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 244
Parcel Number: 043380021,5015444
Rental Term: Monthly
Utilities: Public Water, Public Sewer, Natural Gas Available

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty - Lynnfield
Agent Name: Stephen Velonis
Agency Phone: 781-334-5700

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Shown By

Agent Name: Cale Roberts
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/04/2026. The listing information on this page last changed on 06/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/04/2026 12:02:43 AM EST) or MLSPIN MLS (last updated Wed 06/03/2026 11:38:42 PM EST) or Prime MLS (last updated Wed 06/03/2026 11:33:45 PM EST) or MREIS (last updated Wed 06/03/2026 11:55:16 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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