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55 Ferncroft Rd Danvers, MA 01923

Executive Suites, 3,005 - 20,827 SF Available

Overview

Added:
Dec 11, 2024
Days on market:
132
55 Ferncroft Road in Danvers, Massachusetts offers exceptional Class A office space in a five-story building totaling 85,924 square feet. Built in 1988 and renovated in 2016, this property provides a modern and efficient work environment. Multiple tenancy options are available, with a minimum divisible space of 3,005 square feet and a maximum contiguous space of 20,827 square feet. Currently, 37,166 square feet of space is vacant and ready for immediate occupancy. The building boasts ample parking, with a ratio of 3.92 spaces per 1,000 square feet. Its convenient location just off Route 1, adjacent to the Doubletree Hilton Hotel, and within walking distance of various restaurants, retail establishments, and fitness centers, makes it highly attractive to employees. The property's strategic location, approximately 20 miles equidistant from both downtown Boston and the New Hampshire border, offers easy access to a large and diverse talent pool via I-95 (Exit 50). This Essex County property presents a unique opportunity for businesses seeking a prestigious and easily accessible location in a thriving area. The property's modern amenities and convenient location combine to create an ideal workspace for a variety of businesses.

Highlights

  • New ownership.
  • Major HVAC upgrades completed.
  • Lobby and restroom renovations.
  • Common area lighting improvements throughout.
  • Full landscape redesign.
  • Prime location adjacent to the DoubleTree Hilton Hotel, with nearby restaurants, retail, and fitness options.

Property Details for 55 Ferncroft Rd

Property type
Office properties, Office space
RSF (Rentable sq. ft)
85,924 SF
Class
A
Year Built/Renovated
1988/2016
Stories
5

Unit(s) available at that property

Space
1st Floor
Size
3,371 SF
Space
4th Floor
Size
3,005 SF
Space
4th Floor
Size
9,963 SF
Space
5th Floor (subdividable)
Size
20,827 SF

Location Insight

City
Danvers
County
Essex
State
Massachusetts
Latitude
42.595777
Longitude
-70.968143

FAQs

What type of property is this?
Office property - Executive Suites, 3,005 - 20,827 SF Available
Where is the office property located?
The property is located at 55 Ferncroft Rd Danvers, MA.
What are key features of this property?
This property features: New ownership.; Major HVAC upgrades completed.; Lobby and restroom renovations.
How can I contact the broker?
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55 Ferncroft Rd
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