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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 Dracut, MA North Reading, MA Lowell, MA Billerica, 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

      5.3%
      NOI ÷ price

    • Est. NOI

      $132K
      Annual

    • Mortgage

      $1.1M
      Aug 2022

    • Last Sold

      Jun 2004
      $500K

    • Property Type

      Industrial (General)
      Built 1980
    View Property Analytics
    Office/Flex Building Near Route 93
    Updated: May 9
    Office/Flex Building Near Route 93

    1 Connector Rd, Andover, MA 01810

    $2,495,000
    1,932 sqft 0.75 AC lot
    Ideal single‑user office/flex building with warehouse space.
    Excellent location near Route 93 and Wilmington Industrial Park.
    Features a 1,932 square foot warehouse with 18‑foot clear height.
    Ample on‑site parking for 23 cars.
    Recently refurbished exterior and meticulously maintained.
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Industrial Flex Condominium Unit
    Industrial Flex Condominium Unit

    678 Andover St # 3, Lawrence, MA 01843

    Contact for pricing
    9,975 sqft

    Flexible industrial space combines warehouse, office, showroom, and loading capabilities for multiple commercial applications.

    View details
    Corner Flex Suite with Windows
    Corner Flex Suite with Windows

    760 Main St, Wilmington, MA 01887

    Contact for pricing
    2,500 sqft

    First-floor corner suite offers wide window lines, a drop ceiling, and two restrooms with a shower.

    View details
    Flex Building with Loading Dock
    Flex Building with Loading Dock

    520 Main St, Wilmington, MA 01887

    Contact for pricing
    5,200 sqft

    Two-story building with a dedicated loading dock door and office space above, suited for retail, restaurant, or flex use.

    View details
    Freestanding Auto Shop with Garages
    Freestanding Auto Shop with Garages

    264 S Broadway, Lawrence, MA 01843

    Contact for pricing
    0.41 AC lot

    Single-story brick building combines garage, office, and retail areas.

    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

    Andover, MA Flex Space Market Trends and Statistics

    Explore 2 flex space for sale in Andover, MA on our real estate platform. These investment opportunities span a total of 9,503 square feet of properties for sale, with an estimated market value of $4,990,000.

    Sale prices for business spaces in Andover, MA average $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 11
    Manufacturing properties 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 $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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    Most Searched ZIP Codes in Andover, MA

    • 01810

    Featured Andover Real Estate Agencies

    Realmo connects you with licensed Andover CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Realty Success
    138 River Rd., Suite 107 Andover, MA 01810
    Phone: 19784752111

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