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    Andover, MA
    Flex Space

    Andover, MA Flex Space for Sale

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    Tewksbury, MA Lawrence, MA North Andover, MA Methuen, MA North Reading, MA Billerica, MA Dracut, MA Lowell, MA
    Freestanding Office-Flex Building
    Updated: Jun 4
    Freestanding Office-Flex Building

    1 Connector Road, Andover, MA 01810

    $2,495,000
    7,571 sqft
    Free‑standing office/flex building on 32,570 SF of land, built in 1980
    Includes several private offices plus a 1,932 SF warehouse with 18‑foot clear height
    State‑of‑the‑art security system
    On‑site parking for 23 cars
    Recently refurbished exterior and well‑maintained grounds with outdoor area for employee use
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    This listing looks promising.

    Here's a quick look at some key insights for

    1 Connector Road, Andover, MA, MA 01810

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $211K
      Annual

    • Mortgage

      $1.1M
      Aug 2022

    • Last Sold

      Jun 2004
      $500K

    • Property Type

      Industrial (General)
      Built 1980
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Flex, R&D, and Office Building
    Flex, R&D, and Office Building

    4 Federal Street |, Billerica, MA 01821

    Contact for pricing
    40,000 sqft 2.96 AC lot

    Two-story, 40,000 SF flex/R&D/office building in established park setting.

    View details
    Billerica Avenue Flex Property
    Billerica Avenue Flex Property

    95 Billerica Avenue, North, Billerica, MA 01862

    Contact for pricing
    74,031 sqft

    74,031 SF flex property, 100% leased to quality tenants.

    View details
    Flex Medical Manufacturing Suite
    Flex Medical Manufacturing Suite

    34 Commerce Way # L-M, Woburn, MA 01801

    Contact for pricing
    29,464 sqft

    Flexible suite includes office build-out plus medical manufacturing, lab, and support space with substantial MEP infrastructure.

    View details
    Incubator Lab Flex Space
    Incubator Lab Flex Space

    25 Olympia Ave # 700, Woburn, MA 01801

    Contact for pricing

    Turnkey lab-ready flex space with fume hood, biosafety cabinet, and dedicated safety and utility components.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Land for Sale
    Industrial Land for Sale

    319 North Main St, Middleton, MA 01949

    $2,299,000
    3.38 AC lot

    3.38 acres of M1 zoned land available.

    View details
    Londonderry Commercial Land Parcel
    Londonderry Commercial Land Parcel

    524 Mammoth Road, Londonderry, NH 03053

    $500,000
    4.53 AC lot

    4.53-acre commercial parcel near I-93 and Manchester-Boston Regional Airport.

    View details
    Londonderry Commercial Land Opportunity
    Londonderry Commercial Land Opportunity

    524R Mammoth Rd, Londonderry, NH 03053

    $500,000
    4.53 AC lot

    4.53-acre commercial parcel with development potential in Londonderry, NH.

    View details
    Industrial-Commercial Development Land
    Industrial-Commercial Development Land

    524R Mammoth Road, Londonderry, NH 03053

    $500,000
    4.53 AC lot

    C-II zoned, level parcel with substantial frontage on NH Route 28 and town sewer available nearby off Mammoth Road.

    View details

    Andover, MA Flex Space Market Trends and Statistics

    Explore 1 flex space for sale in Andover, MA on our real estate platform. These investment opportunities span a total of 7,571 square feet of properties for sale, with an estimated market value of $2,495,000.

    Sale prices for business spaces in Andover, MA start at $2,495,000, averaging $2,495,000, and reaching up to $2,495,000 — 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

    Flex space 6
    Manufacturing properties 1

    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 $2.5M

    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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