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    Andover, MA
    Conventional Restaurant

    Andover, MA Conventional Restaurants for Sale

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    Tewksbury, MA Lawrence, MA North Andover, MA Methuen, MA Dracut, MA North Reading, MA Billerica, MA Wilmington, MA
    Restaurant Near I-93 in Andover
    Updated: Feb 28, 2024
    Restaurant Near I-93 in Andover

    159 River Rd, Andover, MA 01810

    Contact for pricing
    4,040 sqft
    High‑traffic location just off I‑93 in Andover, MA.
    Located at the entrance to Shattuck and Minuteman Office Parks.
    Anchored by established tenants: The Learning Experience and Boston Vision.
    Proximity to 6 hotels within a 1/2 mile radius.
    Well‑positioned and popular restaurant space.
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Turn-Key Pizza and Sub Shop
    Turn-Key Pizza and Sub Shop

    689 Prospect Street, Methuen, MA 01844

    $109,900

    Fully operational pizza and sub shop business available for sale without real estate included.

    View details
    Grocery and Restaurant Storefront
    Grocery and Restaurant Storefront

    200-200 Broadway, Lawrence, MA 01840

    $460,000

    Open-layout retail space currently operating as a grocery store and restaurant with strong street visibility on a busy thoroughfare.

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    Retail Storefront with Open Layout
    Retail Storefront with Open Layout

    200 Broadway, #200, Lawrence, MA 01840

    $460,000

    Storefront currently configured for a grocery store and restaurant with an open layout on busy Broadway.

    View details
    Established Restaurant For Sale
    Established Restaurant For Sale

    18 Hampshire St, Methuen, MA 01844

    Contact for pricing

    Family-run restaurant in Methuen’s Central Business District, with equipment and fixtures included with full-price offers.

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    Andover, MA Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Andover, MA on our real estate platform. These investment opportunities span a total of 4,040 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Coffee shops 2
    Conventional restaurants 1

    Demographics Overview

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

    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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