13 Elm St Danvers, MA 01923

This exceptional commercial property at 13 Elm Street in Danvers, MA, presents a rare opportunity for retail or service businesses. The ground-level space boasts 2,746+ square feet, featuring approximately 26 feet of prominent glass frontage for optimal visibility. Inside, you'll find two ADA-compliant restrooms, ensuring accessibility for all customers. Each tenant enjoys independent utility metering for electricity, natural gas, and water, offering cost transparency and control. A full basement provides ample dry storage space, adding significant value to the property. The location is incredibly convenient, with three municipal parking lots within a 100-foot radius and abundant on-street parking, guaranteeing easy access for patrons. This property is ideally suited for a variety of uses, including restaurants, local or regional retail businesses, and professional offices. The property is available for a triple-net (NNN) lease. Alternatively, an owner-occupant purchase is possible, qualifying for attractive financing options with a down payment as low as 10%. An additional income stream is generated by the adjacent 15 Elm Street property, which has a long-term tenant secured through August 2027, providing a stable and predictable revenue source. The 0.12-acre lot ensures ample space for operations and potential future expansion. This is a truly remarkable opportunity in the heart of Danvers.