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    1274 1St St North Andover North Andover, MA 01845

    For Lease
    $34 SF/Yr ($4,913 /Mo)

    New street-level retail in North Andover's newest development.

    Property size:
    1,734 SF
    Lot size:
    1,734 SF

    Property Features for 1274 1St St North Andover

    General Information

    Standard status
    Active
    Size
    1,734 SF

    Building Details

    Year built
    2019

    Source: Lillian Montalto Signature Properties Agent Team Lillian Montalto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Space Available

    New street-level retail space is available in North Andover's newest development. The property is centrally located near major highways, Lawrence Airport, private schools, and Amazon’s largest distribution facility in New England. The location also includes 193 market-rate apartment homes on site. The property offers 1734 square feet of retail space. Construction is complete on the last building. Current tenants include Starbucks, Andiamo Restaurant + Bar, F45 Training, DaVinci Salon Medi Spa, Passion Nails, Wrap City Sandwiches and Liquor Junction. The intended use of the property is retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.133829
    Latitude
    42.702032

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    FAQs

    What type of property is this?
    Retail space - New street-level retail in North Andover's newest development.
    Where is this retail space located?
    The property is located at 1274 1St St North Andover North Andover, MA.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Signature Commons, North Andover's newest development.; - Centrally located near major highways, Lawrence Airport, Amazon's distribution facility, and private schools.; - Enjoy on-site access to a variety of businesses including Starbucks, Andiamo Restaurant + Bar, and F45 Training.
    (978) 475-1400
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    1274 1St St North Andover North Andover, MA 01845
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1274 1St St North Andover North Andover, MA 01845
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