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18 Water St, Danvers MA 01923

Danvers, MA 01923
$790,000
Est. $4,804/month
5,208
Sq Ft
$152
Price/Sq Ft
0.12
Acres
1981
Year Built
10 hours 41 minutes
Time on Market
Active Listed Mar 19, 2026 • MLS# 73489353 Copied!

About this home

Price just reduced over $100,000. Available FOR SALE ONLY this 5,208 +/- square foot single-tenant commercial building with off-street parking for four (4) tandem vehicles in the Danversport section of town. The subject property is 3,565 +/- rentable square feet on the street level with a 1,643 square foot heated loft space above, built in 1981, the open-concept front retail portion features 10' suspended ceilings and 7' suspended ceilings rear portion with two private offices and two (2) restrooms. The loft is wide-open space accessible from both the interior and exterior. The building features a sun-filled entryway is 5' glass folding double doors between four 7' glass panels, side delivery door and has had two-way signage in the past. Location is 18 Water Street, Danvers Massachusetts, the major commercial route between Salem Depot and Routes 114/128. Zoning is R1 (Residential) in a business district, with a history of Retail uses allowed as a protected nonconforming use.

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Property Overview

Listing Type
Commercial Sale
Year Built
1981
Living Area
5,208 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1981
Living Area 5,208 sq ft
Lot Size 0.12 acres

Interior

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

Exterior

Construction None
Architecture None
Roof 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 $7,309

Interior Features

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

Construction & Materials

Year Built: 1981
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:

Parking & Garage

Parking Features:

Location

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Neighborhood

18 Water St, 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

3 schools
B+
Riverside School
0.4 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-
Willis E Thorpe School
1.3 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
C
Thomas Carroll School
1.6 mi | #611 of 824 | Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
B-
Holten Richmond Middle School
1.0 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

2 schools
Bishop Fenwick High School
1.2 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
Northeast ARC
1.2 mi
Grades 06-12
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Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $609
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
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Current Rate
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+0.5% Rate
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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
Mar 19, 2026
$790,000
Original listing
Agent: Jennifer DApice Office: The Mega Group

Price & Status History

Date Event Price Change
Mar 19, 2026 New Listing Added $790,000

Market Statistics

Time on Market
10 hours 41 minutes
Price per Sq Ft
$152

Tax History

Year Taxes Assessment
2025 $7,309

Financial Details

Annual Property Tax
$7,309
Tax Year 2025

Listing Information

Listing Agent Jennifer DApice
Listing Office The Mega Group
Agent MLS ID CN212614
Office MLS ID C99946
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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Steven Novak

Steven Novak

BMN Boston Real Estate

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