Stand-alone commercial medical office building located in a well-established Danvers business corridor. The property is currently leased to MyEyeDr, a nationally recognized optometry provider, which recently executed a new 5-year lease extension, with an additional 5-year option thereafter, providing long-term income stability. The building offers strong street visibility, on-site parking, and convenient access to Route 128, Route 114, and surrounding North Shore communities. The single-tenant layout provides a simple ownership structure with no association fees and predictable operating expenses, making it well suited for investors seeking a stabilized medical/office asset or future owner-users evaluating a free-standing building in a desirable commercial location. Sale is subject to existing lease. Buyer and buyer’s agent to perform all due diligence.
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Last Checked: December 13th, 2025 at 7:23am (Source: MLS PIN #73461909)
General Information for 164 Sylvan St, Danvers MA 01923
Listing ID73461909
Property TypeCommercial Sale / Commercial
Price$950,000
Style
CityDanvers
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Garage Parking
ZoningC3
AssociationNo
Year Built1715
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 164 Sylvan St, Danvers MA 01923
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Senior CommunityNo
Special Listing Conditions
For Sale By OwnerNo
Exclusions
Disclosures
Title 5
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Contact Information for 164 Sylvan St, Danvers MA 01923