138 High St, Danvers MA 01923
About this home
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.
Sale Statistics
This property sold for 49.6% below the original asking price.
The property spent 55 days on market before selling.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
Danvers Center
138 High St, Danvers MA 01923
Danvers, MA 01923
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Apr 17, 2025Listed for Sale
Feb 6, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/17/2025 | ✓ Sold | $65,000 | - | - | Property sold |
| 02/06/2025 | 🏠 Listed for Sale | $129,000 | - | - | Original listing |