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$899,000

  • For Sale
  • Active
  • Commercial
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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.

Full Property Details for 164 Sylvan St

General

  • Price: $899,000
  • Taxes: $14,716 (2025)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73461909
  • Updated: 1/5/2026
  • Added to Site: 35 day(s) ago

Location

  • County: Essex

Structural Information

  • Year Built: 1715

Lot Features

  • Lot Size (Acres): 0.11

Financial Considerations

  • Tax Amount: $14,716
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Part of the parking lot is leased from National Grid for $3000 per year. This agreement has been in place since 2005.
  • Property ID: M:062 L:007 P:, 1881607

Listed by Re/Max Innovative Properties, Shawn Blades and Dee Blades

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Listing agents

— 164 Sylvan St —

  • Shawn Blades

    Re/Max Innovative Properties

  • Dee Blades

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 164 Sylvan St

School District:Danvers School District
NameGradesDistance
Danvers High School
60 Cabot Road, Danvers, MA 01923
9-122.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 164 Sylvan St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/01/2026
Price Reduced
$899,000
-5.37%
MLS
12/12/2025
Listed
$950,000
175.36%
MLS
6/27/2002
Sold
$345,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 164 Sylvan St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,716
5%
$783,200
4%
2024
$14,054
4%
$755,600
12%
2023
$13,516
12%
$676,500
15%
2022
$12,065
4%
$587,400
9%
2021
$11,573
3%
$541,300
—
2020
$11,243
2%
$541,300
4%
2019
$11,002
2%
$519,200
2%
2018
$10,746
1%
$508,100
5%
2017
$10,609
2%
$486,000
—
2016
$10,386
3%
$486,000
3%
2015
$10,100
4%
$471,500
2%
2014
$9,702
—
$464,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Re/Max Innovative Properties, Shawn Blades and Dee Blades

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164 Sylvan St, Danvers, MA 01923 (MLS# 73461909) is a Commercial property. 164 Sylvan St is currently listed for $899,000 and was received on December 12, 2025. Want to learn more about 164 Sylvan St? Do you have questions about finding other Commercial real estate for sale in Danvers? You can browse all Danvers real estate or contact a Coldwell Banker agent to request more information.

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