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: 7/22/2024

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

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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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