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60 Commercial Real Estate Listings in Danvers, MA

Danvers, MA Commercial Inventory Breakdown

In 2021 the Danvers, MA commercial real estate market totaled 1,504,074 square feet of office spaces, 2,430,591 square feet of office spaces with retail, and 1,597,526 square feet of industrial space.

Office Spaces

Total: 1,504,074 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 610,204 SqFt 40.57% of total office
100k to 500k SqFt 893,870 SqFt 59.43% of total office
By class:
Class A 369,116 SqFt 24.54% of total office
Class B 766,516 SqFt 50.96% of total office
Class C 368,442 SqFt 24.5% of total office


Class A office space holds a 24.54% share of the overall Danvers, MA office market, while Class B office assets make up approximately 50.96%.

Industrial

Total: 1,597,526 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 293,505 SqFt 18.37% of total industrial
100k to 500k SqFt 1,304,021 SqFt 81.63% of total industrial
By class:
Class A 160,000 SqFt 10.02% of total industrial
Class B 1,437,526 SqFt 89.98% of total industrial
There are 1,304,021 square feet of commercial real estate properties between 100k to 500k square feet, representing 81.63% of the Danvers, MA industrial inventory.

Office Spaces with Retail

Total: 2,430,591 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 177,112 SqFt 7.29% of total office with retail
100k to 500k SqFt 2,253,479 SqFt 92.71% of total office with retail

Danvers Demographics

Population

  • Total Population27,586
  • Male Population(45.7 %) 12,597
  • Female Population(54.3 %) 14,989
  • Median Age44.60

Income/Financial

  • Average Household Income$110,196
  • Median Household Income$89,250
  • Median Income 25-44$106,495
  • Median Income 45-64$118,029
  • Median Income Over 65$49,011