Commercial

Andover, MA Commercial Land for Sale

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Downtown Andover Land For Sale
Updated: Apr 6
Downtown Andover Land For Sale

16R High St, Andover, MA 01810

$629,900
Desirable downtown Andover location.
Zoned General Business (GB) offering a variety of potential uses.
Potential for retail, office, restaurant, or multifamily development.
Great opportunity for future development or investment.
Conveniently located near local shops, dining, and commuter routes.
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Downtown General Business Development Land
Updated: Nov 28, 2025
Downtown General Business Development Land

16r High Street, Andover, MA 01810

$629,900
Vacant parcel in downtown Andover
Zoned General Business (GB), supporting a variety of commercial uses
Potential use types mentioned: retail, office, restaurant, and multifamily (subject to town approvals and permitting)
Buyer to perform all due diligence
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Methuen Historic District Land Opportunity
Methuen Historic District Land Opportunity

281 Broadway, Methuen, MA 01844

$750,000
0.50 AC lot

Half acre in historic district near I-93 and New Hampshire.

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Commercial Development Land
Commercial Development Land

72,76 & 84 Woodland St, Lawrence, MA 01841

$5,200,000

Commercial land offering a sizable development site in a highly walkable setting with some transit access.

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Commercial Land Near Interstate Access
Commercial Land Near Interstate Access

248 Haverhill St, Methuen, MA 01844

Contact for pricing
2.00 AC lot

Two-acre commercial land site right off Interstate 93 with strong daily traffic and nearby Market Basket-anchored retail.

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Approved Multi-Unit Commercial Lot
Approved Multi-Unit Commercial Lot

55 Water St, Lawrence, MA 01841

Contact for pricing

Approved buildable lot for four commercial units, including two street-level and two upper-floor spaces.

View details

Off-Market Properties in Andover, MA

Consider similar Off-Market properties in Andover, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

77th Essex St
VACANT COMMERCIAL LAND

77th Essex St, Andover, MA 01810-3739

$315,000
Estimated value
0.35 AC lot
View details
42 Railroad St
VACANT COMMERCIAL LAND

42 Railroad St, Andover, MA 01810-3554

$350,000
Estimated value
0.62 AC lot
View details
Main St
VACANT COMMERCIAL LAND

Main St, Andover, MA 01810

$315,000
Estimated value
0.08 AC lot
View details
Essex St
VACANT COMMERCIAL LAND

Essex St, Andover, MA 01810

$315,000
Estimated value
0.53 AC lot
View details

Andover, MA Commercial Land Market Trends and Statistics

Explore 6 commercial land for sale in Andover, MA on our real estate platform.

Sale prices for commercial lots in Andover, MA average $629,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 4
Residential land & home lots 3

Demographics Overview

Population 36K
Population Growth (5Y) +0.0%
Median Household Income $167,591
College Educated 23.3%

High-Yield Neighborhoods for Investment

Identify Andover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01810 $629.9K

Taxes & Financing

Tax Rate (average for all types) 2.34%
Property Tax per SF $21.95 per SF
Tax Rate vs County Average 0.64 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

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