$65,000
$129,000
49.6%For more information regarding the value of a property, please contact us for a free consultation.
1,306 Sqft Lot
SOLD DATE : 04/17/2025
Key Details
Sold Price $65,000
Property Type Vacant Land
Sub Type Parking
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73333152
Sold Date 04/17/25
HOA Y/N false
Annual Tax Amount $3,809
Tax Year 2025
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type Parking
Property Description
Residential Lot with former Take-Out Building – Redevelopment Opportunity. This 0.028-acre property was previously used as a take-out sub shop but has reverted to residential zoning (R1) due to the business being closed for over two years and it being located in a residential zone. Any buyer looking to operate a business at this location would need to apply for a variance from the zoning board. The existing structure is unsafe and no interior showings are allowed. This property presents a unique opportunity for buyers willing to go through the zoning process to redevelop and seek approval for commercial use. Important items of note: Currently Zoned Residential, Variance Required for Business Use, Structure Will Need to Be Replaced, Prime Location in Danvers. This is a great opportunity for investors or builders looking to explore potential redevelopment options.
Location
State MA
County Essex
Area Danvers Center
Zoning R1
Direction Water St. to High St
Exterior
Community Features Public Transportation, Shopping, Highway Access
Waterfront Description Beach Front,River,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)
Building
Lot Description Level, Sidewalks
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Roberta Tiplady • Keller Williams Realty Evolution
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Realtor | License ID: 9575610