For Sale
$1,449,000

9 Bridge St Danvers, MA 01923

Prime location, 3 residential, 1 retail.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional mixed-use property at 9 Bridge Street in Danvers, Massachusetts, presents a compelling investment opportunity. The offering includes a four-unit building: three residential units and a thriving convenience store/deli occupying the fourth unit. The convenience store currently holds transferable beer, wine, and lottery licenses, adding significant value to the acquisition. Located just off Route 62, at the Danvers/Beverly line near the Ryal Side split, this property benefits from ample off-street parking. Its central location provides easy access to the train station and major highways, enhancing its appeal to both residents and businesses. The property's potential for growth is further amplified by Danvers' evolving zoning regulations, offering possibilities for future development or expansion. The asking price is $1,449,000. Prospective buyers are advised to conduct their own due diligence with the Town of Danvers to confirm intended use and compliance with local ordinances. This value-add property is ideal for owner-operators seeking a hands-on investment or investors looking for a strong return on investment in a desirable Massachusetts location. The property's existing income stream, combined with its development potential, makes it a truly unique opportunity in the Essex County market. The zip code is 01923.

Highlights

  • Exceptional mixed-use property in Danvers, MA, at 9 Bridge Street.
  • Four-unit building: three residential units and a convenience store/deli with transferable beer, wine, and lottery licenses.
  • Located near Route 62, Danvers/Beverly line, with ample off-street parking and easy highway/train access.
  • $1,449,000 asking price; buyer to conduct due diligence.
  • Strong potential for future development or expansion due to Danvers' zoning.

Property Details for 9 Bridge St

Property type
Mixed-use properties
Units
4

Location Insight

City
Danvers
County
Essex
State
Massachusetts
Latitude
42.5571756
Longitude
-70.9094226

FAQs

What type of property is this?
Mixed-use property - Prime location, 3 residential, 1 retail.
Where is the mixed-use property located?
The property is located at 9 Bridge St Danvers, MA.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Exceptional mixed-use property in Danvers, MA, at 9 Bridge Street.; Four-unit building: three residential units and a convenience store/deli with transferable beer, wine, and lottery licenses.; Located near Route 62, Danvers/Beverly line, with ample off-street parking and easy highway/train access.
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9 Bridge St
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