Immaculate Class B Office Suites in Danvers, MA
Office
for Sale
Catylist Listing ID: |
30872642 |
Property Subtypes: |
Business Park, Office Building
|
Condo? |
Yes |
Building Size (RSF): |
2,343 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
2.50 Acres
|
Sale Price: |
$480,000 |
Ceiling: |
10 ft. |
Property Use Type: |
Business |
Building Name: |
Conifer Hill Executive Condominium Office |
Class of Space: |
Class B |
Usable Size (USF): |
2,343 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
8/26/2024 |
Overview / Comments
Seller Financing Available! Opportunity to purchase these two contiguous first-floor office condos at the desirable Conifer Hill Executive Condominium Office Park in Danvers, just off I-95 on US Route 1. These immaculate Class B office suites are 2,343sf with five private offices, a conference room, and a large open reception area, serviced by natural gas heat, are 100% air-conditioned, two restrooms, a kitchenette, and have four assigned parking spaces in front of the building, with additional open spaces available.
These suites can be combined with suite 509, affording you three restrooms in 3,511sf of beautiful office space. Conifer Hill is professionally managed, and condominium documents are available upon request. Conifer Hill is close to many restaurants, businesses, retail, and Routes 95, 62, 128, and 1.
Attractive Seller financing is available to a qualified buyer with 30% down, offering attractive terms and a fast, hassle-free closing. Buyer should perform due diligence.
|
Financials
Finance Data Year |
2024 |
Real Estate Taxes - Annual($) |
$2,024 (Annual) |
Additional Details
Nearest MSA: |
Boston-Cambridge-Newton |
County: |
Essex |
Tax ID/APN: |
019/007/505,506 |
Is Condo?: |
Yes |
Zoning: |
HC |
Property Located Between: |
I-95 to Exit 70, US-1 to subject property |
Property Visibility: |
Excellent |
Highway Access: |
I-95 |
Area Description: |
Conifer Hill is close to many restaurants, businesses, retail, and Routes 95, 62, 128, and 1.Conifer Hill is close to many restaurants, businesses, retail, and Routes 95, 62, 128, and 1. |
Total Number of Buildings: |
1 |
Number of Stories: |
2 |
Year Built: |
1988 |
Roof Type: |
Other |
Construction/Siding: |
Brick |
Parking Type: |
Surface |
Parking Description: |
4 assigned parking spaces in front of the building with additional open spaces available at the back |
Total Parking Spaces: |
4 |
Air Conditioning: |
Package Unit |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
8,131 |
49,303 |
158,449 |
Median Age: |
40.64 |
46.56 |
42.83 |
Households: |
2,792 |
19,566 |
64,304 |
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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