Downtown Andover Retail/Restaurant
For Lease
$25 SF/Yr
89-93 Main St #207, Andover, MA 01810
Retail and restaurant space in downtown Andover with parking.
Space SizeContact for details
Days on Market572
Property Features for 89-93 Main St #207
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$199,531
Building Details
Year Built
1944
Listing Agency:
Land and Sea Real Estate, Inc.
Listed By:
Land and Sea Real Estate
Source:
Corcoran
Added: Feb 4, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Land and Sea Real Estate, Inc.
Investment Insights
Based on property information with market context.
This property is a retail and restaurant space located in downtown Andover, Massachusetts. The location offers convenient access to Routes 93 and 495. On-site parking is available. The property is situated in a plaza with destination retail and restaurants. It is also a short distance from downtown amenities.
Key Highlights
- Prime location in downtown Andover.
- Convenient access to Rtes. 93 and 495.
- On‑site parking available.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,619
Businesses Nearby
115k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 57%
Shops & Services 20%
Dining 16%
Home Improvements & Furnishings 5%
Whole Foods Market
Groceries
41,086 visits/mo
0.2 miles
Stop & Shop
Groceries
24,250 visits/mo
0.4 miles
McDonald's
Dining
18,457 visits/mo
0.3 miles
Sunoco
Shops & Services
6,974 visits/mo
0.3 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
5,615 visits/mo
0.3 miles
Demographics for 01810, MA
35,621
Population
13,803
Households
2.6
Avg Household Size
43
Median Age
75%
College-Educated
97%
High-School Grad
30.5 sq mi
ZIP Area
1,168
Density / Sq Mi
$167,591
Median Household Income
$86,838
Median Earnings
$2,046
Median Rent
$813,800
Median Home Value
Market
Lease Benchmarks for Andover, MA
$29.37 /SF/Yr
Avg Asking Price
$25–$35 /SF/Yr
Price Range
1,675 SF
Avg Space Size
This space is priced 15% below the average of $29.37 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail and restaurant space in downtown Andover with parking.
Where is this retail space located?
The property is located at 89-93 Main St #207 Andover, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime location in downtown Andover.; Convenient access to Rtes. 93 and 495.; On‑site parking available.
