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120 Andover St # 3, Danvers MA 01923

Danvers, MA 01923
$1
Est. $7,711/month
6,950
Sq Ft
$0
Price/Sq Ft
2.35
Acres
1954
Year Built
122
Days on Market
Active Listed Dec 3, 2025 • MLS# 73459400 Copied!

About this home

High-profile 6950sf retail space directly on Andover Street (Route 114), just off I-95. Large open floor plan with 12'-14' wall height, warehouse with loading dock, individual offices & two ADA restrooms. This is one of the most active retail corridors on the North Shore, and the demographics & location are superb, with average daily traffic exceeding 44,000 VPD. The property is surrounded by a who's who of high-quality retail businesses. Large lighted pylon sign at the signalized entrance, excellent signage on the front of the building & 110 shared free parking spaces in the front and rear of the property. The HVAC system has been upgraded to provide more fresh air with higher filter efficiency, resulting in high-quality filtration & lower cost. The fire alarm has also been upgraded. NNN expenses are estimated at $4psf/yr. 5-year step-up lease with multiple 5-year options. Space is delivered as a vanilla box, with interior modifications at the tenant's expense. Lease rate undisclosed.

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Property Overview

Listing Type
Commercial Lease
Year Built
1954
Living Area
6,950 sq ft

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1954
Living Area 6,950 sq ft
Lot Size 2.35 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Tar/gravel
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available, 110 Volts

Financial

Annual Tax $90,126

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1954
Structure Type:
Exterior Materials:
Roof: Tar/Gravel
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

120 Andover St # 3, Danvers MA 01923

Danvers, MA 01923

Walkability

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Nearby Schools

School District
Danvers School District local
A-
School Safety 2024-25
2.3% Average
1.9% Suspensions 2.3% In-School 0.4% Emergency
3.2% below state avg
E

Elementary Schools

7 schools
Great Rock Christian Academy
0.9 mi
Grades PK-12
St. Mary of the Annunciation School
1.3 mi
Grades PK-08
B-
Highlands School
0.7 mi | #486 of 824 | Score: 45.2
Improved 156 spots from last year
-13 below state avg
385 students Moderate
Rising School
Grades K-05
C+
Great Oak School
1.4 mi | #554 of 824 | Score: 42.8
Dropped 203 spots from last year
-15.4 below state avg
291 students Moderate
Grades K-05
B+
Riverside School
2.2 mi | #304 of 824 | Score: 50.8
Improved 132 spots from last year
-7.4 below state avg
350 students Moderate
Rising School
Grades PK-05
B+
Ivan G Smith School
2.3 mi | #333 of 824 | Score: 49.7
Improved 40 spots from last year
-8.5 below state avg
389 students Moderate
Rising School Strong Attendance
Grades K-05
B-
Willis E Thorpe School
2.7 mi | #435 of 824 | Score: 46.6
Dropped 167 spots from last year
-11.6 below state avg
294 students Less Diverse
Grades K-05
M

Middle Schools

1 school
B-
Holten Richmond Middle School
2.1 mi | #183 of 352 | Score: 42.0
Dropped 12 spots from last year
-16.2 below state avg
745 students Moderate
Grades 06-08
H

High Schools

5 schools
Northeast ARC
1.2 mi
Grades 06-12
St. John's Prep School
1.9 mi
Grades 06-12
Northeast Behavioral Health
2.2 mi
Grades 09-12
A-
Essex North Shore Agricultural and Technical School
2.6 mi | #76 of 346 | Score: 63.1
Improved 23 spots from last year
+4.9 above state avg
1,830 students Moderate
Strong AP Program Early College Program High Graduation Rate Rising School
Grades 09-12
B
Danvers High School
2.6 mi | #158 of 346 | Score: 54.4
Dropped 16 spots from last year
-3.9 below state avg
784 students Moderate
17 sports • 1,436 athletes
Early College Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $7,511
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Dec 3, 2025
$1
Original listing
Agent: Faulkner Commercial Group Office: Keller Williams Realty

Price & Status History

Date Event Price Change
Dec 3, 2025 New Listing Added $1

Market Statistics

Days on Market
122 days
Price per Sq Ft
$0

Tax History

Year Taxes Assessment
2025 $90,126

Financial Details

Annual Property Tax
$90,126
Tax Year 2025

Listing Information

Listing Agent Faulkner Commercial Group
Listing Office Keller Williams Realty
Agent MLS ID TM200171
Office MLS ID G95022
Listing Data Updated Dec 7, 2025 3:07 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Danvers, MA

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