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1891 Professional Bldg - Liberty Square 10 Liberty St 12,428 SF 100% Leased Office Building Danvers, MA 01923 $4,499,722 CAD ($362.06 CAD/SF)
Investment Highlights
- Located within the Danvers/Beverly submarket, offering direct access to U.S. Route 128 and I-95.
- Within 20 miles of Boston, providing excellent proximity to major economic hubs.
- Convenient reach to Logan International Airport and the Port of Boston for distribution and logistics.
- Approximately 12,428 square feet of commercial space adaptable for multiple business operations.
- Quick access to MBTA Commuter Rail stations at North Beverly and Montserrat, just minutes away.
- Established property with historical character built in 1891 and updated utilities including forced-air heating and cooling.
Executive Summary
10 Liberty Street presents a unique opportunity in the heart of Danvers, Massachusetts. Situated on a 0.63-acre parcel, this 12,428-square-foot commercial property offers the perfect location for a signature, trophy home office on the North Shore.
Located within the Danvers/Beverly submarket and part of the Boston-Cambridge-Newton CBSA, the property benefits from strong regional connectivity. Tenants and visitors can easily access major roadways including Route 128 and I-95, with close proximity to MBTA Commuter Rail stations. Logan International Airport is approximately 33 minutes away, and Port of Boston is reachable within 36 minutes, ensuring comprehensive transportation and logistics support.
The property’s long-standing presence in this market highlights its adaptable structure and enduring utility. With its generous interior footprint, flexible layout potential, and neighborhood positioning, this asset is well-suited for owner-users seeking to acquire a stable commercial holding in an established business community.
Located within the Danvers/Beverly submarket and part of the Boston-Cambridge-Newton CBSA, the property benefits from strong regional connectivity. Tenants and visitors can easily access major roadways including Route 128 and I-95, with close proximity to MBTA Commuter Rail stations. Logan International Airport is approximately 33 minutes away, and Port of Boston is reachable within 36 minutes, ensuring comprehensive transportation and logistics support.
The property’s long-standing presence in this market highlights its adaptable structure and enduring utility. With its generous interior footprint, flexible layout potential, and neighborhood positioning, this asset is well-suited for owner-users seeking to acquire a stable commercial holding in an established business community.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,428 SF
Building Class
C
Year Built/Renovated
1891/1980
Price
$4,499,722 CAD
Price Per SF
$362.06 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,107 SF
Building FAR
0.45
Lot Size
0.63 AC
Zoning
R2 - Permitted for current office use. Redevelopment subject to preservation commission in Danvers.
Parking
26 Spaces (2.09 Spaces per 1,000 SF Leased)
Amenities
- Atrium
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | DANV-000044-000000-000073 | Improvements Assessment | $1,702,534 CAD |
| Land Assessment | $541,558 CAD | Total Assessment | $2,244,092 CAD |
Property Taxes
Parcel Number
DANV-000044-000000-000073
Land Assessment
$541,558 CAD
Improvements Assessment
$1,702,534 CAD
Total Assessment
$2,244,092 CAD
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Presented by
Burnham Real Estate
1891 Professional Bldg - Liberty Square | 10 Liberty St
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