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Existing CAR WASH / AUTO-BODY / DETAIL SHOP 15 Water St 10,752 SF 35% Leased Industrial Building Danvers, MA 01923 $4,000,000 ($372.02/SF)

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EXECUTIVE SUMMARY

The Mega Group is pleased to make available this 10,752 +/- square foot Industrial facility with eight (8) drive-in doors situated on 1.15 +/- acres of land located on Route 35, just off Route 128 Danvers Massachusetts. The subject property is two (2) contiguous lots largely zoned Commercial 1 with development potential.
There is an existing owner-occupied business that could come along with the sale, NDA required to review all data.
15 Water Street is within the Commercial 1 Zoning District, likely uses are but not limited to Athletic and Physical Training Facilities, Drive-Thru, Kennel, Pet Daycare, Auto Repair / Filling Station, Car Wash, Office - Medical & Professional, Restaurant, Fast Food / Take-Out, Retail, Wholesale Trade, Assembly / Processing Facility, Municipal Uses, Performing Arts, and Educational Facilities. 9 Water Street is within the Residential 1 Zoning District, zoned almost exclusively one or two family.
https://www.themegagroup.net/915-water-danvers.html

PROPERTY FACTS

Price $4,000,000
Price Per SF $372.02
Sale Type Investment or Owner User
Property Type Industrial
Building Class C
Lot Size 1.15 AC
Rentable Building Area 10,752 SF
No. Stories 1
Year Built 1961
No. Drive In / Grade-Level Doors 8
Zoning C1 - Commercial

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 7,000 SF
  • Industrial
  • -
  • Now

The Mega Group has available for August 2025 occupancy this Auto Body Shop in Danvers, open since 1951. Framing machine, welders, paint agreement, spray booth included. Seven (7) drive-in doors plus some outdoor space in the right rear of the property. This opportunity is through a Buyer we have in-contract to purchase the property and existing car wash. Auto Body Shop is offered at $12,000 monthly on a NNN basis, NNNs to be determined at closing of sale. Electricity will be separated before occupancy. Because we are dealing directly with the Buyer, not the property owners, no purchase contracts will be considered. If you must purchase and not lease I have something else off-market that is local, it's the real deal so only buyers that are qualified by me will be considered. If you are a broker with an interested party, your Tenant must compensate you.

Space Size Space Use Condition Available
1st Floor 7,000 SF Industrial - Now

1st Floor

Size
7,000 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 7,000 SF
Space Use Industrial
Condition -
Available Now

The Mega Group has available for August 2025 occupancy this Auto Body Shop in Danvers, open since 1951. Framing machine, welders, paint agreement, spray booth included. Seven (7) drive-in doors plus some outdoor space in the right rear of the property. This opportunity is through a Buyer we have in-contract to purchase the property and existing car wash. Auto Body Shop is offered at $12,000 monthly on a NNN basis, NNNs to be determined at closing of sale. Electricity will be separated before occupancy. Because we are dealing directly with the Buyer, not the property owners, no purchase contracts will be considered. If you must purchase and not lease I have something else off-market that is local, it's the real deal so only buyers that are qualified by me will be considered. If you are a broker with an interested party, your Tenant must compensate you.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • DANV-000059-000000-000094
  • DANV-000059-000000-000095
Land Assessment
$931,000
Improvements Assessment
$586,900
Total Assessment
$1,517,900
  • Listing ID: 32242846

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 15 Water St, Danvers, MA 01923

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