5 Federal Street, Danvers MA 01923
Danvers, MA 01923
$22
$16/mo
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About this home
Prime leasing opportunity featuring two large suites, one 2870sf, one 4405sf, plus an additional five individual offices within a well-positioned commercial medical building set on a generous 1.6-acre lot. This property offers excellent visibility and accessibility, ideal for medical, dental, or professional office use. The flexible layout includes multiple exam rooms, private offices, and welcoming waiting areas designed for efficiency and patient comfort. The expansive lot provides ample on-site parking, with potential for future expansion or additional development. Conveniently located near major routes and local amenities, with easy access to Route 114 and Route 128, this is a rare opportunity in a desirable and growing area.
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Price & Status History
Market Insights
1
Price Changes
27.3%
Price Range
Property Timeline
Price Reduced
Oct 8, 2026
$16
$6
(-27.27%)
From $22 to $16 (-27.3%)
Listed for Rent
May 12, 2026
$22
Original listing
Agent: Brian Kindlan
Office: Lamacchia Realty, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/08/2026 | ↓ Price Reduced | $16 | $6 | - | From $22 to $16 (-27.3%) |
| 05/12/2026 | 🏠 Listed for Rent | $22 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $86,789 | — |
Financial Details
Annual Property Tax
$86,789
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Lease
Year Built
1985
Lot Size
1.63 acres
Rental Details
Rent Includes
None
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
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
Building & Pet Policy
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Rent
Year Built
1985
Floor Layout
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1985
Structure Type:
Exterior Materials:
Roof:
Foundation:
Utilities & Systems
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:
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
Elementary Schools
7 schools
St. Mary of the Annunciation School
1.3 mi
Grades PK-08
Great Rock Christian Academy
2.0 mi
Grades PK-12
B-
Highlands School
1.2 mi
|
#484 of 825
|
Score: 45.2
Improved 158 spots from last year
-13 below state avg
341 students
Moderate
Rising School
Grades K-05
B+
Riverside School
1.3 mi
|
#290 of 825
|
Score: 51.0
Improved 146 spots from last year
-7.2 below state avg
323 students
Moderate
Rising School
Strong Attendance
Grades PK-05
C+
Great Oak School
1.4 mi
|
#546 of 825
|
Score: 43.1
Dropped 195 spots from last year
-15.1 below state avg
278 students
Moderate
Grades K-05
B-
Willis E Thorpe School
2.1 mi
|
#438 of 825
|
Score: 46.4
Dropped 170 spots from last year
-11.8 below state avg
292 students
Less Diverse
Strong Attendance
Grades K-05
B
Ivan G Smith School
2.6 mi
|
#358 of 825
|
Score: 48.8
Improved 15 spots from last year
-9.4 below state avg
361 students
Moderate
Strong Attendance
Grades K-05
Middle Schools
1 school
B-
Holten Richmond Middle School
1.5 mi
|
#185 of 352
|
Score: 41.7
Dropped 14 spots from last year
-16.5 below state avg
734 students
Moderate
Grades 06-08
High Schools
5 schools
Northeast ARC
0.8 mi
Grades 06-12
St. John's Prep School
2.2 mi
Grades 06-12
B
Danvers High School
2.4 mi
|
#160 of 346
|
Score: 54.8
Dropped 18 spots from last year
-3.4 below state avg
794 students
Moderate
17 sports
• 1,436 athletes
Early College Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Northeast Behavioral Health
3.0 mi
Grades 09-12
A-
Essex North Shore Agricultural and Technical School
3.4 mi
|
#78 of 346
|
Score: 63.3
Improved 21 spots from last year
+5.1 above state avg
1,927 students
Moderate
Strong AP Program
Early College Program
High Graduation Rate
Rising School
Grades 09-12
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Location
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Neighborhood
5 Federal Street, Danvers MA 01923
Danvers, MA 01923
Listing Information
Listing Agent
Brian Kindlan
Listing Office
Lamacchia Realty, Inc.
Office Phone
978-250-1900
Agent MLS ID
CN216563
Office MLS ID
AN5825
Listing Data Updated
Oct 17, 2026 3:05 AM EDT
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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