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Investment Highlights

  • Located near major roadways including Route 128, I-95, and Route 1 for regional accessibility.
  • Accessible by MBTA public transportation with commuter rail stations within a 10-minute drive.
  • Well-established commercial corridor with proximity to Lahey Health, Medtronic, and educational campuses.

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
88%
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 Commercial
Parking
10 Spaces (1.25 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 1,000 SF
  • Office
  • -
  • Now

Distinctive two-level office opportunity at 160 Sylvan Street totaling approximately 2,334 SF, with 1,000 SF on the first floor and 1,334 SF on the second. The flexible layout combines multiple private offices with larger open or client-facing rooms, a welcoming entry, interior staircase, and in-suite restrooms. Bright, window-lined interiors pair wood flooring, traditional millwork, and decorative fireplaces with updated lighting and HVAC. The space provides a polished professional setting for legal, financial, counseling, creative, and other office users seeking character and functionality. On-site parking and proximity to Route 128/I-95 add convenience for employees and visitors.

Space Size Space Use Build-Out Available
1st Floor 1,000 SF Office - Now

1st Floor

Size
1,000 SF
Space Use
Office
Build-Out
-
Available
Now

1st Floor

Size 1,000 SF
Space Use Office
Build-Out -
Available Now

Distinctive two-level office opportunity at 160 Sylvan Street totaling approximately 2,334 SF, with 1,000 SF on the first floor and 1,334 SF on the second. The flexible layout combines multiple private offices with larger open or client-facing rooms, a welcoming entry, interior staircase, and in-suite restrooms. Bright, window-lined interiors pair wood flooring, traditional millwork, and decorative fireplaces with updated lighting and HVAC. The space provides a polished professional setting for legal, financial, counseling, creative, and other office users seeking character and functionality. On-site parking and proximity to Route 128/I-95 add convenience for employees and visitors.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
DANV-000062-000000-000014A
Land Assessment
$693,800
Improvements Assessment
$481,800
Total Assessment
$1,175,600
  • Listing ID: 39809335

  • Date on Market: 3/17/2026

  • Last Updated:

  • Address: 160 Sylvan St, Danvers, MA 01923

Contact the Sale Advisor

160 Sylvan St

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