CCertihomes
120 Andover St, Unit 3, Danvers, MA 01923

$32

0 beds 2 baths 6,950 sqft Built 1954Active

About this home

High-profile 6950sf retail space directly on Andover Street, (Route 114), just off I-95. Large open floorplan with 12'-14' wall height, warehouse with loading dock, individual offices & two ADA restrooms. This is one of the most active retail corridors in the North Shore, and demographics & location are superb, average daily traffic in excess of 40, 000 VPD. The property is surrounded by a who's who of high-quality retail businesses. Large lighted pylon sign at the signalized entrance, excellent signage on the front of the building & 110 shared free parking spaces in the front and rear of the property. The HVAC system has been upgraded to provide more fresh air with higher filter efficiency, resulting in high-quality filtration & lower cost. The fire alarm has also been upgraded. NNN expenses are estimated at $4psf. 5-year step-up lease with multiple 5-year options. Space is delivered as a vanilla box, with interior modifications at the tenant's expense. Available spring of 2023.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$6,974/mo

Real estate (PITI + HOA + PMI)
$6,425
Principal + interest$0
Property tax + insurance$6,425
Utilities
$666
Heating + cooling$171
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$158
$6,974/mo TLC
Budget$7,474/mo
Remaining after TLC$500/mo
Purchase price
$32
Down payment
$2 (5%)
Loan amount
$30
APR
7.2%

Quick facts

Type
RNT
Style
Year built
1954
Lot size
2.35 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$73,574
MLS #
73188622
County
Essex

Neighborhood — 01923

MetricThis ZIPCountyUSA
Population32,4626,444,931299,088,112
Population Change Since19909.00%7.00%20.00%
Population Density2,328786
Male15,6793,127,134147,432,321
Female16,7843,317,797151,655,844
Never Married6,3371,612,88563,775,926
Married14,1022,586,314123,120,365
Separated1,440247,85712,639,686
Widowed2,476363,59415,467,586
Divorced2,364436,88823,075,029
Number Of House Hold12,2042,431,591111,826,380
Average House Hold Size2.512.562.60
Medial Age40.4337.2535.46
Median House Hold Income$64,788$57,698$48,276
Average House Hold Income$73,959$75,023$63,629
P C I$29,377$29,196$24,529
M D I$53,695$48,105$41,133
A T H E$57,249$57,083$50,898
S T R5.00%5.00%
W C J80.98%81.38%77.74%
(Zip) Code
1923

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 12/21/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.