Arthur Pappas Of Keller Williams Realty Represents Buyer In $11.05M Retail Sale In Danvers MA
152 Endicott Street
$11,050,000
$1,005/SF
Building Size
10,988 SF
Asset Type
Retail
Closing
Mar 6, 2026
AI
The property asset involved in this transaction is a retail space located at 152 Endicott Street in Danvers, MA. This recently constructed property has a sale price of $11,050,000 and encompasses a total square footage of 10,988, resulting in a price per square foot of $1,005.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,050,000
- Square Footage: 10,988
- Price per Square Foot: $1,005
- Market: Danvers, MA
- Buyer's Representative: Arthur Pappas - Keller Williams Realty
- Seller's Representatives: Glen Kunofsky, Josh Kanter, Anthony D'Ambrosia & Kevin Burke - Surmount
The sale was facilitated by Surmount, along with their broker of record Bang Realty-New England, Inc, who represented the seller in this transaction for the Fidelity Investment Branch.
Players
Danvers Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93