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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 Lowell, MA North Reading, MA Billerica, MA
    Conventional Restaurant Building
    Updated: Aug 8
    Conventional Restaurant Building

    560 S Main St, Andover, MA 01810

    $4,950,000
    9,010 sqft 1.46 AC lot
    9,010‑square‑foot commercial building on 1.46 acres
    100 marked parking spaces
    Built in 2008
    Longstanding Tokyo Steakhouse location with hibachi and sushi restaurant use
    Situated at the intersection of Route 28 and Route 125
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    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.
    View details
    See hot listings in Andover

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Historic Restaurant Building with Patio
    Historic Restaurant Building with Patio

    91 DUTTON ST, Lowell, MA 01852

    Contact for pricing
    13,034 sqft 0.20 AC lot

    Landmark multi-level restaurant building offering 150 seats, an outdoor patio, and additional event and function space.

    View details
    Equipped Spa and Wellness Business
    Equipped Spa and Wellness Business

    638 Chelmsford, Lowell, MA 01851

    $135,000

    A 2019-built salon offers cosmetology services with furnishings, equipment, inventory, and retail products included.

    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    89 S Broadway, Lawrence, MA 01843

    $1,450,000

    Commercial dining space and residential apartments support both business operations and rental use.

    View details
    Turnkey Restaurant Opportunity
    Turnkey Restaurant Opportunity

    226 Essex Street, Lawrence, MA 01843

    $1,000,000

    Fully operational restaurant sale includes established business and included FF&E and equipment.

    View details

    Andover, MA Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Andover, MA on our real estate platform. These investment opportunities span a total of 13,050 square feet of properties for sale, with an estimated market value of $4,950,000.

    Sale prices for conventional restaurants in Andover, MA average $4,950,000 — 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

    Conventional restaurants 3
    Coffee shops 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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