Search
Leased Medical Office Condominium
For Sale
$150,000

120-451 Andover St, North Andover, MA 01845

The existing lease runs through June 2027, with the current aesthetician tenant operating for five years.

Property SizeContact for details
Days on Market16

Property Features for 120-451 Andover St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,208

Building Details

Tenancy Single
Owner Occupied No
Listing Agency: Keller Williams Realty Evolution
Listed By: Dennis Marks
Source: Exprealty
Added: Sep 28 Changed: Oct 13 Last Checked: Oct 13 at 2:29AM

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 Keller Williams Realty Evolution

Investment Insights

Based on property information with market context.

This medical office condominium is arranged with two main rooms and a separate, smaller room used for storage. The unit is occupied by an aesthetician whose business has operated for five years, under a lease extending through June 2027.

The property is on the Andover Street corridor in North Andover, with access to surrounding communities and major routes.

Key Highlights

  • Two primary rooms plus a smaller storage room
  • Leased through June 2027 to an aesthetician in business for five years
  • Located on the Andover Street corridor with access to surrounding communities and major routes

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Building Supply Hair Salon Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby
Well-served
Demand for This Use

Demographics for 01845, MA

31,855
Population
12,010
Households
2.7
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
26.4 sq mi
ZIP Area
1,207
Density / Sq Mi
$134,319
Median Household Income
$64,592
Median Earnings
$2,113
Median Rent
$670,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Petco Vaccination Clinic — 790 Waverly Rd, North Andover, MA 01845
  • Julie E. Haller, DVM — 247 Chickering Rd, North Andover, MA 01845
  • Letwin Mary K DVM — 247 Chickering Rd, North Andover, MA 01845, United States
  • Thomas Bronwen DVM — 247 chickering rd, north andover, ma 01845
  • Timothy H. Smith, DVM, MBA — 247 Chickering Rd, North Andover, MA 01845

Frequently Asked Questions

What type of property is this?
Medical Office Space - The existing lease runs through June 2027, with the current aesthetician tenant operating for five years.
Where is this medical office space located?
The property is located at 120-451 Andover St North Andover, MA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two primary rooms plus a smaller storage room; Leased through June 2027 to an aesthetician in business for five years; Located on the Andover Street corridor with access to surrounding communities and major routes
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again