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    175 Andover St, Unit 203 Danvers, MA 01923

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    For Lease
    $3,200 /Mo

    Commercial building with ample parking, currently used as medical office.

    Lot size:
    1.65 Acres

    Property Features for 175 Andover St

    General Information

    Lot size
    1.65 Acres

    Building Details

    Year built
    1982

    Source: Coldwell Banker Realty - Lynnfield Agent Winfield Clamens

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

    Overview

    Medical Office Space Available

    This commercial space is currently configured as a medical office. The layout includes a reception area, an administrative office space, and four rooms used as examination or consultation rooms. A conference room is available that can also function as a large office. Additional features include storage areas, a kitchen area, and interior access to a ladies' room. The building provides a main entrance with two elevators and ample parking.
    Insight Report Location Intelligence

    Current Use by Public Records

    Joseph Matta - Financial ... Investment Service Victoria Johnson - Financial ... Investment Service Jeff Arouth - Financial ... Financial Planner Vincent Panzini - Financial ... Financial Planner Elizabeth Snow Wilds ... Financial Planner

    Suggested Use

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

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

    Similar Places Nearby

    Banfield Pet Hospital, Bay State Animal Clinic, Dr. Dog Animal Health Care, Veterinary Homeopathy

    Location Insight

    • Map
    • Local Demand
    City
    Danvers
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9747907
    Latitude
    42.560898

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    FAQs

    What type of property is this?
    Medical office - Commercial building with ample parking, currently used as medical office.
    Where is this medical office located?
    The property is located at 175 Andover St, Unit 203 Danvers, MA.
    What are key features of this property?
    This property features: - Currently configured as a medical office with **reception area, examination/consultation rooms, and conference room**.; - Located in a commercial building with **ample parking**.; - Includes a kitchen area and interior access to a ladies room.
    (978) 764-0151
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    175 Andover St, Unit 203 Danvers, MA 01923
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    Danvers, MA 01923
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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
    175 Andover St, Unit 203 Danvers, MA 01923
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