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85 Constitution Ln 01923, Danvers

$219,000

For Sale

4995 SqFt

Size

0

Bedrooms

0

Bathrooms

73592576

Property Id

Property image 1
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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.

Address

Address85 Constitution Ln 01923 Danvers, MA
CountryUS
Property Type

Commercial Sale

Property Class

CommercialProperty

Style

Other

Transaction Type

Sale

Year Built

1990

Square Feet

4,995 sqft

List Price

$219,000

Original Price

$219,000

Price per Sqft

$44

Annual Property Taxes

$3,042

Tax Assessment Year

2025

Monthly Tax Estimate

$254

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