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Land Approved for Child Daycare Center 55 Liberty St 6,200 SF Retail Building Danvers, MA 01923 $1,255,680 CAD ($202.53 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 55 Liberty Street is a fully approved 1.1-acre site for construction of a modern 6,200-SF, two-story daycare facility with capacity for 117 students.
  • Prime visibility--just 200 feet from Route 128 off-ramp at Exit 43, positioned near a major four-way signalized intersection.
  • Surrounded by top retail amenities including Liberty Tree Mall, Starbucks, Target, BJ’s, and CVS, plus a dense nearby commercial employment base.
  • Development-ready property accommodates 35 surface parking spaces, full utility access, and a dry site with no wetlands for streamlined construction.
  • High-exposure location benefits from over 55,000 daily vehicles, enhancing branding potential and operational convenience.
  • Strategically set within a strong Danvers market supported by high incomes, growing families, and more than $500M in regional childcare spending.

EXECUTIVE SUMMARY

55 Liberty Street offers a rare for sale or for lease development opportunity designed for a daycare center in Danvers, MA. This 1.1-acre (48,173 sq. ft.) site is fully approved for the construction of a 6,200-square-foot, two-story facility that will accommodate up to 117 students, 35 surface parking spaces, and an outdoor play area. With utilities available to the property including water, sewer, gas, and electricity, alongside a dry site with no wetlands. The offering presents a compelling opportunity to develop a modern childcare facility in a region experiencing sustained demand, supported by strong local demographics and statewide emphasis on early education access.

Set just 200 feet from the Route 128 off-ramp at Exit 43, 55 Liberty Street benefits from visibility near the four-way signalized intersection at Elliott Street and Liberty Street. The location places the site amid high daily traffic volumes, over 55,000 vehicles, which enhances exposure and convenience. The surrounding area is rich with amenities, including nearby retail destinations such as Liberty Tree Mall and national brands like Starbucks, Target, BJ’s, and CVS. This retail concentration is complemented by a dense commercial base, drawing an additional daytime population of more than 115,000 employees within a 5-mile radius, reinforcing the need for childcare options serving working families.

The broader Danvers market further elevates the strength of this opportunity. As a predominantly residential suburban community with steady population growth and a median household income of $96,704, Danvers supports consistent demand for high-quality childcare services. Within a ten-mile radius, nearly half a million residents contribute to more than $500 million in annual education and daycare spending. Statewide, Massachusetts continues to prioritize early childhood education, with policy support aimed at expanding capacity and improving access, an environment that strengthens long-term operational potential. Positioned within this robust ecosystem, 55 Liberty Street stands as a strategically located, fully approved development opportunity offering the foundation for a purpose-built daycare facility that meets local need and market momentum.
Lease Option: Unsubordinated ground lease $6,000 per month NNN.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
6,200 SF
Building Class
B
Construction Status
Proposed
Price
$1,255,680 CAD
Price Per SF
$202.53 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.13
Lot Size
1.12 AC
Zoning
R2 - Residential

AMENITIES

  • Signalized Intersection

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
11,482
92,071
179,115
244,126
2029 Population
11,491
91,435
178,053
250,183
2024-2029 Projected Population Growth
0.1%
-0.7%
-0.6%
2.5%
Median Age
44.0
43.1
42.5
42.7
College Degree + Higher
38%
40%
42%
29%
Daytime Employees
6,434
61,626
114,766
132,496
Total Businesses
736
7,109
12,729
15,845
Average Household Income
$129,937
$107,924
$113,985
$132,763
Median Household Income
$109,399
$84,871
$89,510
$105,484
Total Consumer Spending
$178.6M
$1.3B
$2.6B
$3.5B
2024 Households
4,610
39,239
72,556
96,107
Average Home Value
$604,468
$568,122
$591,882
$696,520
$ values in USD

NEARBY MAJOR RETAILERS

Salem Five
Bank of America
North Shore Bank
Rockland Trust Company
WW (Weight Watchers)
Market Basket
Goldfish Swim School
Sky Zone
Starbucks
Buffalo Wild Wings
  • Listing ID: 33563591

  • Date on Market: 2024-10-18

  • Last Updated:

  • Address: 55 Liberty St, Danvers, MA 01923

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