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Executive Summary
Highly accessible office opportunity in Danvers, Massachusetts with direct connectivity to Route 128, I-95, and Route 1, offering convenient access to Greater Boston, Logan Airport, and surrounding North Shore communities. The property is comprised of 160 Sylvan Street and is located in a well-established business corridor near major employers, including Lahey Health, Medtronic, and North Shore Community College, which supports a strong professional labor pool. Nearby amenities include Liberty Tree Mall, TD Bank, Citizens Bank, Lifetime, and national retailers such as Home Depot, Kohl’s, Staples, Best Buy, and Marshalls, along with dining options like Chipotle, Panera Bread, Buffalo Wild Wings, Texas Roadhouse, and Dunkin'. Public transportation is available via MBTA bus service, with commuter rail stations located within a 10-minute drive. Ideal for professional office, medical, or service-based users seeking a central location with excellent infrastructure, workforce accessibility, and proximity to key services.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
8,000 SF
Building Class
C
Year Built
1970
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,309 SF
Slab To Slab
8’
Building FAR
0.40
Lot Size
0.46 AC
Zoning
I1 - C3
Parking
10 Spaces (1.25 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Number | DANV-000062-000000-000014A | Improvements Assessment | $481,800 |
| Land Assessment | $693,800 | Total Assessment | $1,175,600 |
Property Taxes
Parcel Number
DANV-000062-000000-000014A
Land Assessment
$693,800
Improvements Assessment
$481,800
Total Assessment
$1,175,600
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160 Sylvan St
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