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    63 Park St Andover, MA 01810

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    For Lease
    $29 SF/Yr ($553 /Mo)

    Recently renovated office space in downtown Andover with ample parking.

    Property size:
    229 SF
    Lot size:
    0.33 Acres

    Property Features for 63 Park St

    General Information

    Size
    229 SF
    Lot size
    0.33 Acres

    Source: Bell Tower Commercial Real Estate Group Agent Gary Sidell

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

    Overview

    Renovated Office Space in Andover

    The available office space, Suite 307, is located on the 3rd floor of a professional office building in downtown Andover. The entire 3rd floor has recently undergone a complete renovation. Suite 307 features new LVT floors, natural light, new ceiling and lighting, and storage space, with direct access from the elevator. The 3rd floor includes a common seating area for tenants and their guests. The property benefits from ample municipal parking and is walkable to restaurants, retail establishments, the Town Hall, and the commuter rail. The building is located in the heart of downtown Andover and has anchor medical and retail tenants. The available space measures 229 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Traci Connor Counselor Shelley A. Woolsey, RD Nutritionist Suzanne Saindon Internist Lydia Jeffcoat Internist Stephan Coufos - Coco, ... Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1371158
    Latitude
    42.6568799

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    FAQs

    What type of property is this?
    Office space - Recently renovated office space in downtown Andover with ample parking.
    Where is this office space located?
    The property is located at 63 Park St Andover, MA.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - Completely renovated office and retail space.; - Suite 307: Features new LVT floors, natural light, new ceiling/lighting, storage, and direct elevator access.; - Located in the heart of downtown Andover.
    (978) 458-8822
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    63 Park St Andover, MA 01810
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    Andover, MA 01810
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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
    63 Park St Andover, MA 01810
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