Danvers, MA
Commercial Real Estate Market Trends & Data

$298 Avg asking sale price
$21 Avg asking lease rate
12,010 SF Avg unit lease size
11,318 SF Avg building size for sale
6.50% Average cap rate

Danvers's Demographic Profile

Danvers has 11,365 households and a median income of $107,769, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 28,944
# Households 11,365
Median age 45
Median household income $107,769
Avg household size 2.0
Renter-occupied housing units 3,247
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Danvers, MA

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Danvers $363 18,023 SF
Peabody $332 13,721 SF
Middleton $476 8,930 SF
Topsfield $768 11,900 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Peabody $400 4,420 SF 6.22%
Salem $400 4,926 SF 6.22%
Lynn $262 76,418 SF 6.49%

Commercial Properties For Sale in Danvers

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

39 Needham Rd

Danvers, MA 01923

  • 3,704 SF Multifamily
  • $1,200,000
For Sale

185 Centre St

Danvers, MA 01923

  • 19,200 SF Office Building
  • $4,850,000
For Sale

430 Maple St

Danvers, MA 01923

  • 5,960 SF Retail Building
  • $1,100,000
For Sale

1891 Professional Bldg - Liberty Square

Danvers, MA 01923

  • 12,428 SF Office Building
  • $2,950,000
For Sale

150A Andover St

Danvers, MA 01923

  • 31,312 SF Office Building
  • $620,000
For Sale

(former) Baystate Animal Clinic

Danvers, MA 01923

  • 3.50 AC Lot
  • 1 Commercial Lot
  • $1,000,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Danvers pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Danvers $298 11,318 SF
Peabody $306 9,665 SF
Middleton $457 15,893 SF
Topsfield $553 6,950 SF

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Danvers, MA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Danvers

View All Commercial Real Estate For Sale in Danvers
Is Danvers a good market for a first-time commercial real estate investor?

Danvers offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Danvers?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Danvers. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Danvers?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Danvers. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Danvers compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Danvers. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Danvers acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Danvers, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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