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Investment Highlights

  • Public transportation in the area
  • Shopping, Park, Medical Facility, Laundromat, , House of Worship, Marina, Private School, Public School all nearby
  • Highway access close by

Executive Summary

Approved mixed-use development opportunity in the heart of downtown Danvers. The project consists of 9 total units, including 7 market-rate residential units, 1 affordable residential unit, and 1 commercial unit. The residential units are approximately 1,300 sq. ft. each and feature 2 bedrooms, 2.5 bathrooms, open floor plans, home office space, and in-unit laundry. The building is designed with modern amenities including elevator access, a fitness room, and covered parking for residents. The development also includes a 965 sq. ft. street-level commercial space, ideal for office or retail use. Prime downtown location close to local shops, restaurants, and amenities. Rare opportunity to deliver high-quality residential and commercial space in one of the North Shore’s most desirable communities.

Property Facts

Price $1,300,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Apartment Units - Condo
  • Apartment Units - Subsidized
Total Lot Size 0.35 AC

1 Lot Available

Lot

Price $1,300,000
Price Per AC $3,691,053.17
Lot Size 0.35 AC

Approved mixed-use development in downtown Danvers featuring 9 units: 7 market-rate, 1 affordable, and 1 commercial. Includes ~1,300 sq ft 2-bed units, elevator, fitness room, covered parking, and 965 sq ft retail/office space in a prime location.

Description

Please do not go on property without an appointment.

Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39837384

  • Date on Market: 3/19/2026

  • Last Updated:

  • Address: 61 High St, Danvers, MA 01923

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