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126 Newbury St
Danvers, MA 01923
1 1/2 acres R.E. OPPORTUNITY! Steal Now! · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
11,490 SF
Building Class
B
Year Built
1969
Building Height
2 Stories
Building FAR
0.18
Lot Size
1.50 AC
Zoning
HC
Parking
82 Spaces (7.14 Spaces per 1,000 SF Leased)

Amenities

  • Freeway Visibility
  • Restaurant
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

About 126 NEWBURY ST , DANVERS, MA 01923

ROUTE 1 REAL ESTATE OPPORTUNITY: Take ADVANTAGE of this RARE OPPORTUNITY to own a great piece of property on Route 1 (south bound side). LOCATION: Busy Major highway (extra parcel for purchase available 20,000 sq. ft.) RUN IN, don't walk and BENEFIT from a stable, successful restaurant of over 30 years continuing to generate income for you or change it to your own use! May be a PERFECT LOCATION for a GAS STATION. Currently this building houses a thriving restaurant business that has been successful since 1989 and does approximately $2,000,000 or more of sales per year. Danvers, conveniently located 20 miles north of Boston has multiple access points to three major highways: Route 1, route 95 and route 128. This particular building, located on route 1 south has a back way access through Armory Access/Centre St. Danvers has a strong Business Climate and “ has sustained a robust, and growing business base through intelligent zoning….and competitive tax and utility rates. “(Danvers Town Hall) Property has frontage on Newbury Street. The property benefits from strong surrounding demographics.

Property Taxes

Property Taxes

Parcel Number
DANV-000040-000000-000082
Land Assessment
$1,039,200
Improvements Assessment
$643,800
Total Assessment
$1,683,000
  • Listing ID: 15662216

  • Date on Market: 4/6/2019

  • Last Updated:

  • Address: 126 Newbury St, Danvers, MA 01923

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