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INVESTMENT HIGHLIGHTS
- Rare FREE STANDING OFFICE Building
- Flexible floor plan
- 1 mile of Rt 1 and I-95, less than 2 miles to Rt. 114
EXECUTIVE SUMMARY
Rare opportunity to purchase free standing office building on Rt. 62 in Danvers. Located within 2 miles of Rt 114 and 1 mile of Rt 1 and I-95.
Flexible floor plan consists of 6+ offices and about 20% drive-in storage. Call Larry Marocco 978-479-3137
Flexible floor plan consists of 6+ offices and about 20% drive-in storage. Call Larry Marocco 978-479-3137
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$10,195
|
$2.76
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,195
|
$2.76
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $10,195 |
| Annual Per SF | $2.76 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $10,195 |
| Annual Per SF | $2.76 |
PROPERTY FACTS
| Price | $1,299,000 | Rentable Building Area | 3,695 SF |
| Price Per SF | $351.56 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1970 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 1.62/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.57 AC | ||
| Zoning | R3 - Approximate age of roof 10 years. Property located residential zone, any other proposed use of the property shall require approval by town | ||
| Price | $1,299,000 |
| Price Per SF | $351.56 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 0.57 AC |
| Rentable Building Area | 3,695 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Tenancy | Single |
| Parking Ratio | 1.62/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | R3 - Approximate age of roof 10 years. Property located residential zone, any other proposed use of the property shall require approval by town |
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- W A Tompkns Co Inc
- Wholesaler
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| W A Tompkns Co Inc | Wholesaler | - | - | - |
1 1
PROPERTY TAXES
| Parcel Number | DANV-000011-000000-000004 | Total Assessment | $542,600 |
| Land Assessment | $266,800 | Annual Taxes | $10,195 ($2.76/SF) |
| Improvements Assessment | $275,800 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
DANV-000011-000000-000004
Land Assessment
$266,800
Improvements Assessment
$275,800
Total Assessment
$542,600
Annual Taxes
$10,195 ($2.76/SF)
Tax Year
2025
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