85 Constitution Ln,Danvers, MA 01923
Danvers, MA 01923
Description
An excellent opportunity to acquire two condominium units within the Liberty Tree Park Building, offered exclusively as a package. The first unit is a 4,390 +/- square feet storage condominium currently configured with 33 individual storage units, with capacity for approximately seven additional units. Thirteen units are currently leased, many to long-term tenants, providing established rental income and the potential to increase occupancy by marketing to businesses and professionals within the office park campus and the surrounding area. The second unit is a 605 +/- SF second-floor office condominium in excellent condition. The well-designed layout features an open reception/seminar area, a spacious conference room, one private office, and a kitchen area with food and beverage stations. Currently, occupied by a financial services company for many years, the space is well suited for a variety of professional uses, including medical or therapist offices, law firms, insurance agencies, personal services, and other professional practices. Both condominiums must be purchased together, offering buyers the opportunity to combine an established storage rental operation with a versatile professional office space.The Liberty Tree Park Building enjoys a convenient location within approximately ¼ mile of Routes 128, 114, and 35, directly adjacent to Liberty Tree Mall. The professionally managed and well-maintained office property features attractive interior common areas and landscaped grounds, handicap accessibility, elevator service, and ample on-site parking.
Details
| MLS # | 73592576 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1990 |
| Days On Site | 18 |
| Listing Provided By | The Mega Group | Colleen Cohan |
Features
| SQ Feet | 4,995 |
|---|---|
| Zoning | C3 |
Taxes
| Tax Annual Amount | 3042 |
|---|---|
| Tax Year | 2025 |
Location
| Senior Community Yes / No | No |
|---|
Area Information
| State | MA |
|---|---|
| County | Essex |
| City | Danvers |
| Zip Code | 01923 |
| Area | Essex |
| Listing VS Median (in 01923) | |
Price: $219,000 low | high Med: $600,000 sqft: 4,995 low | high Med: 1,416 $ / sqft: $44 low | high Med: $424 On site: 18 low | high Med: 2 | |
Market Activity 01923
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Danvers |
| Zip Code | 01923 |
| Area | Essex |
| Listing VS Median (in 01923) | |
Price: $219,000 low | high Med: $600,000 sqft: 4,995 low | high Med: 1,416 $ / sqft: $44 low | high Med: $424 On site: 18 low | high Med: 2 | |