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$ 1,025,000
$ 1,300,000 21.2%
Est. payment | /mo
0.35 Acres Lot
$ 1,025,000
$ 1,300,000 21.2%
Est. payment | /mo
0.35 Acres Lot
Key Details
Sold Price $1,025,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73488882
Sold Date 06/03/26
HOA Y/N false
Annual Tax Amount $6,527
Tax Year 2025
Lot Size 0.350 Acres
Acres 0.35
Property Description
Approved mixed-use development opportunity in the heart of downtown Danvers. The project consists of 9 total units, including 7 market-rate residential units, 1 affordable residential unit, and 1 commercial unit. The residential units are approximately 1,300 sq. ft. each and feature 2 bedrooms, 2.5 bathrooms, open floor plans, home office space, and in-unit laundry. The building is designed with modern amenities including elevator access, a fitness room, and covered parking for residents. The development also includes a 965 sq. ft. street-level commercial space, ideal for office or retail use. Prime downtown location close to local shops, restaurants, and amenities. Rare opportunity to deliver high-quality residential and commercial space in one of the North Shore's most desirable communities.
Location
State MA
County Essex
Zoning R1
Direction Maple Street to High Street
Exterior
Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School
Building
Lot Description Level
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Herrick Lutts Realty Partners
Bought with The Lopes Group • J. Barrett & Company
Bought with The Lopes Group • J. Barrett & Company