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Danvers Building Sells At Auction For $1.1M

Dec 16, 2010 | Reprints | Unlock Link | Print

156 Andover St., Danvers A 17,136-square-foot building in Danvers has sold for $1.1 million.

Vernco 156 LLC, with George C. Vernet III as its manager, purchased the two-story retail/office building on Route 114 from East Boston Savings Bank.

The building at 156 Andover St. consists of four retail units and five office units and an underground parking garage. The current tenants include Jenny Craig, Bay State Physical Therapy, Dr. Lawrence Miller, Brain Balance and Cartridge World. The building abuts Papa Gino’s and Honeydew Donuts.

The building was purchased at auction from Paul Saperstein Auctioneers. Financing was provided by East Boston Savings Bank.

Commercial & Industrial