Address
120 Andover St, Unit 3, Danvers, MA
Price
$ 32
Property Attributes
  • MLS#73188622
  • TypeCommercial
  • CountyESSEX
  • CityDanvers
  • Zip01923
  • StyleCommercial
  • Year Built1954
  • Taxes$ 73574
  • Price$ 32
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage6950
  • Lot Size2.35 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

High-profile 6950sf retail space directly on Andover Street, (Route 114), just off I-95. Large open floorplan with 12'-14' wall height, warehouse with loading dock, individual offices & two ADA restrooms. This is one of the most active retail corridors in the North Shore, and demographics & location are superb, average daily traffic in excess of 40,000 VPD. The property is surrounded by a who's who of high-quality retail businesses. Large lighted pylon sign at the signalized entrance, excellent signage on the front of the building & 110 shared free parking spaces in the front and rear of the property. The HVAC system has been upgraded to provide more fresh air with higher filter efficiency, resulting in high-quality filtration & lower cost. The fire alarm has also been upgraded. NNN expenses are estimated at $4psf. 5-year step-up lease with multiple 5-year options. Space is delivered as a vanilla box, with interior modifications at the tenant's expense. Available spring of 2023.

Price History
12/21/2023 Listed $32

General Features

Utilities Public Water,Public Sewer,Natural Gas Available,110 Volts
Zoning R114
Year Built 1954
Tax Year 2023
Business Type Commercial
County Essex
Property Type Commercial Lease
HOA / Comm Assn No
Status Active
Directions Located directly on Andover St,(Route 114),near the ramp to and from Interstate 95.
City Danvers
Disclosures Prospective tenants are encouraged to perform Due Diligence in all aspects of contemplated occupancy.
Senior Community Y/N No
Zoning Description Legal Conforming
Lot Size Square Feet 102366
Waterfront Y/N No
Street Name Andover St,Unit 3
Tax Annual Amount 73574
Home Warranty Y/N No
Building Area Units Square Feet
Lease Type NNN
Standard Status Active

Interior Features

Total Baths 2

Exterior Features

Total Parking 110
Lot Size Area 2.35
Building Area Total 6950
Lot Size Acres 2.35
Frontage Length 398.00
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 01923

Taxes
AVG $35,850
$73,574
Visits
AVG 235
264
Data Provided by Inside Real Estate®
Year Built
AVG 1976
1954

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