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10 Rainbow Terrace # B, Danvers MA 01923

Danvers, MA 01923
$3,850
Est. $381/month
2,250
Sq Ft
$2
Price/Sq Ft
0.00
Acres
1987
Year Built
210
Days on Market
Active Price Drop -$275 Listed Jul 29, 2025 • MLS# 73410761 Copied!

About this home

Unit B - is 2,250 square feet of drive-in warehouse space with climate controlled offices accessible from the warehouse and separate front entrance, one (1) 10x10 drive-in door, 3 Phase electric service, two (2) private bathrooms and on-site management. Tenant is responsible for their own water and utilities. The Premises has a dry sprinkler system, natural gas heat and no additional common area maintenance fees. The Rainbow Terrace Industrial Park campus is private, just off Water Street next to the junction of Endicott Street and has a great deal of on-site parking.

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Property Overview

Listing Type
Commercial Lease
Year Built
1987
Living Area
2,250 sq ft

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1987
Living Area 2,250 sq ft
Lot Size 0.0000

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Three Phase

Financial

Annual Tax $1,943

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1987
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

10 Rainbow Terrace # B, Danvers MA 01923

Danvers, MA 01923

Walkability

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Nearby Schools

School District
Danvers School District local
A-
✓ School Safety 2024-25
2.3% Average
1.9% Suspensions 2.3% In-School 0.4% Emergency
↓ 3.2% below state avg
E

Elementary Schools

7 schools
St. Mary of the Annunciation School
2.0 mi
Grades PK-08
Great Rock Christian Academy
3.2 mi
Grades PK-12
B+
Riverside School
0.8 mi | #304 of 824 | Score: 50.8
Improved 132 spots from last year
-7.4 below state avg
350 students Moderate
Rising School
Grades PK-05
B-
Willis E Thorpe School
1.7 mi | #435 of 824 | Score: 46.6
Dropped 167 spots from last year
-11.6 below state avg
294 students Less Diverse
Grades K-05
C+
Great Oak School
2.0 mi | #554 of 824 | Score: 42.8
Dropped 203 spots from last year
-15.4 below state avg
291 students Moderate
Grades K-05
B-
Highlands School
2.2 mi | #486 of 824 | Score: 45.2
Improved 156 spots from last year
-13 below state avg
385 students Moderate
Rising School
Grades K-05
B+
Ivan G Smith School
3.2 mi | #333 of 824 | Score: 49.7
Improved 40 spots from last year
-8.5 below state avg
389 students Moderate
Rising School Strong Attendance
Grades K-05
M

Middle Schools

1 school
B-
Holten Richmond Middle School
1.4 mi | #183 of 352 | Score: 42.0
Dropped 12 spots from last year
-16.2 below state avg
745 students Moderate
Grades 06-08
H

High Schools

5 schools
Northeast ARC
1.5 mi
Grades 06-12
St. John's Prep School
2.8 mi
Grades 06-12
B
Danvers High School
2.5 mi | #158 of 346 | Score: 54.4
Dropped 16 spots from last year
-3.9 below state avg
784 students Moderate
17 sports • 1,436 athletes
Early College Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Northeast Behavioral Health
3.9 mi
Grades 09-12
A-
Essex North Shore Agricultural and Technical School
4.2 mi | #76 of 346 | Score: 63.1
Improved 23 spots from last year
+4.9 above state avg
1,830 students Moderate
Strong AP Program Early College Program High Graduation Rate Rising School
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $162
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jul 29, 2025
$3,850
Original listing
Agent: Jennifer DApice Office: The Mega Group

Price & Status History

Date Event Price Change
Jul 29, 2025 New Listing Added $3,850 —

Market Statistics

Days on Market
210 days
Price per Sq Ft
$2
Total Price Drop
-$275

Tax History

Year Taxes Assessment
2019 $1,943 —

Financial Details

Annual Property Tax
$1,943
Tax Year 2019

Listing Information

Listing Agent Jennifer DApice
Listing Office The Mega Group
Agent MLS ID CN212614
Office MLS ID C99946
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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10 Rainbow Terrace # B, Danvers MA 01923 - Photo 1 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 2 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 3 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 4 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 5 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 6 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 7 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 8 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 9 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 10 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 11 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 12 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 13 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 14 10 Rainbow Terrace # B, Danvers MA 01923 - Photo 15
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