Skip to content
Bean Group
← Back to search

Active

15 Cherry Street #21,22,23,24

Danvers, MA 01923

$1,325,000
Bedrooms
Bathrooms
4,645Square feet
1900Year built

Commercial Sale · Active · MLS #73438789
Listing Courtesy of Coldwell Banker Realty - Lynnfield | Stephen Velonis

Bean Group guidance

Useful next steps

Request property information

Select a document or report and Bean Group will help track it down.

Availability varies by property and source. Documents are requested from the appropriate source and may not be immediately available.

Considering this property?

Decide whether it deserves a closer look.

A local Bean Group agent can help you compare nearby inventory, understand the listing details, and identify the questions worth answering before you visit.

Compare nearby homes

MLS PIN data

About this home

PRICE ADJUSTMENT! Downtown Danvers Mixed-Use Investment - A rare chance to own a well-maintained, professionally managed mixed-use property in the heart of downtown Danvers. This income-producing building includes four units: two street-level commercial spaces and two residential apartments above, offering strong cash-flow potential and long-term investment value. The commercial spaces provide excellent visibility and flexible layouts suited for office, retail, or service type businesses. The spacious, well-kept apartments appeal to long-term tenants, while ample off-street parking adds a valuable downtown convenience. Just moments from restaurants, shops, public transportation, and major commuter routes, this property stands out in a highly desirable location. With a new price adjustment and a motivated seller, it offers exceptional value for investors and owner-occupants alike. Showings by appointment only.

Property information

Details at a glance

Building

Style
Other
Year built
1900
Roof
Asphalt/Composition Shingles

Land & utilities

Lot size
0.1 acres
Zoning
R1

Financial

Annual taxes
$18,926
Assessment year
2025

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Local market context

How this home compares in Danvers

MetricThis propertyDanvers
List price$1,325,000$682,50094% above local
Price / sq ft$285$53,18399% below local
Days on market144
Explore homes in Danvers

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

Keep exploring

Similar homes nearby

Common questions

About 15 Cherry Street #21,22,23,24

Can I schedule a private showing?

Yes. Request a tour of 15 Cherry Street #21,22,23,24 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.