Log In/Sign Up
Your email has been sent.
152 Sylvan St
Danvers, MA 01923
Office Property For Sale
Investment Highlights
- Positioned adjacent to the Liberty Tree Mall.
- Allows for general office uses.
- Features a durable TPO membrane roofing system.
- Zoned Commercial C-3.
- Allows for medical uses.
- Features a passenger elevator.
Executive Summary
Positioned adjacent to the Liberty Tree Mall with prime access to Rte 128/95, this three-level, 23,772 +/- SF professional building is situated on 2.38 acres zoned Commercial C-3. The property allows for general office and medical uses. Constructed with a concrete slab, steel frame, and brick exterior, the building features a durable TPO membrane roofing system over metal decking and steel joists.
Amenities include a passenger elevator, rooftop HVAC with supplemental ground units, fire and smoke detection, and municipal water, sewer, and natural gas. Each floor includes dedicated men’s and ladies’ restrooms. With on-site parking for 90 +/- vehicles (including handicap spaces), the property offers exceptional convenience. Projected full occupancy revenue is $392,238 at $16.50 PSF. Tenants cover gas, electric, and their proportionate share of increases in taxes and expenses.
Amenities include a passenger elevator, rooftop HVAC with supplemental ground units, fire and smoke detection, and municipal water, sewer, and natural gas. Each floor includes dedicated men’s and ladies’ restrooms. With on-site parking for 90 +/- vehicles (including handicap spaces), the property offers exceptional convenience. Projected full occupancy revenue is $392,238 at $16.50 PSF. Tenants cover gas, electric, and their proportionate share of increases in taxes and expenses.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
21,750 SF
Building Class
C
Year Built
1978
Price
$2,665,278 CAD
Price Per SF
$122.54 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,250 SF
Building FAR
0.21
Lot Size
2.38 AC
Zoning
C-3 - Commercial
Parking
90 Spaces (4.14 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | DANV-000062-000000-000014C | Improvements Assessment | $2,285,770 CAD |
| Land Assessment | $2,394,597 CAD | Total Assessment | $4,680,367 CAD |
Property Taxes
Parcel Number
DANV-000062-000000-000014C
Land Assessment
$2,394,597 CAD
Improvements Assessment
$2,285,770 CAD
Total Assessment
$4,680,367 CAD
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
