Commercial Sale at 18 Water St, Danvers MA 01923
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21 photos

$790,000

18 Water St, Danvers MA 01923
Danvers, MA 01923
Listed by Jennifer DApice
Bedrooms
N/A
Bathrooms
N/A
Living area
5,208 sqft
Year built
1981

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.

Property details

MLS
MLS Property Information Network
MLS #
73489353
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
216
On market date
March 19, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.12 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Riverside
0.4 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
314
Student:teacher ratio
11.6:1
District
Danvers
Middle
Holten Richmond Middle School
0.97 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
770
Student:teacher ratio
10.8:1
District
Danvers
High
Danvers High
2 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
807
Student:teacher ratio
10.8:1
District
Danvers

Walkability

Blended score for Danvers's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

73
Walkable
out of 100
EPA National Walkability Index
12.3 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes18
Grocery stores3
Parks7
Schools7
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Danvers, from live MLS data.

On the market 216 days -- 112 more days than Danvers's current average of 104 days.
For reference, the median list price across 149 active listings in Danvers right now is $649,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,907/mo
$158,000 down
$632,000 loan
Principal & interest$4,099
Property tax (est.)$658
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated March 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.