199 Newbury StDanvers, MA 01923

  • Warehouses
  • 69,026 SF
For Lease
$14.76/SF/YR View listing

Property Details for 199 Newbury St

Year built
1974
Construction
STEEL FRAME
Lot size
3.02 AC
Property size (Sq ft)
69,026 SF
Zone code
HC
Property type
Warehouses
APN
DANV M:024 L:021A P:
APU
DANVM024L021AP

Description

This 1,500 square foot industrial space in Danvers, Essex County, offers a fantastic opportunity for a single tenant. The property is a single-story building featuring a convenient drive-in garage with a 10-foot door and ceiling heights ranging from 10.5 to 14.5 feet, varying due to roof pitch. Its prime location directly off Route 1N, behind the NE Premier Sportsplex, ensures excellent accessibility. The space includes heat and electricity, adding to its convenience. While there are no restroom facilities, a hand-sink is provided. Two outdoor parking spaces are available, capable of accommodating trucks up to 28 feet in length, and can be leased for an additional monthly fee. Flexible lease terms are offered, with both single and multi-year options available to meet diverse business needs. The property's clean and well-maintained condition makes it an ideal space for various manufacturing or warehousing operations. This exceptional location and practical features make this property a highly desirable option for businesses seeking a functional and accessible industrial space in Danvers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,062,419
    Hospitality
    $11,965,106
    Educational
    $9,954,827
    Medical
    $10,297,189
    Retail
    $15,485,287

Location Insight

City
Danvers
County
Essex
State
Massachusetts
Latitude
42.5777
Longitude
-70.969
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$80,490
$2,397,500
$1,929,900
$4,327,400
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