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    154 Main St North Andover, MA 01845

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    For Lease
    $600 /Mo

    High-visibility commercial space near downtown North Andover.

    Lot size:
    0.48 Acres

    Property Features for 154 Main St

    General Information

    Lot size
    0.48 Acres

    Building Details

    Year built
    1954

    Source: Berkshire Hathaway HomeServices Commonwealth Real Estate Agent Paige Sampson

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

    Overview

    Adaptable Retail/Office Space Available

    This commercial space is located in a high-visibility area near downtown North Andover. The adaptable front room space is connected to an established vitamin shop and includes a waiting area. The space is suited for a range of professional or retail concepts. Access is through the shop's main entrance, with the option for the landlord to add a separate doorway. An additional room in the back-office area is available for rent, offering expanded functionality for businesses seeking multi-room configurations or private work zones. Lower-level storage is available. Nearby parking enhances customer and client accessibility. The location offers exposure and consistent foot traffic.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bank of America ATM Atm

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1298216
    Latitude
    42.7023552

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    FAQs

    What type of property is this?
    Retail space - High-visibility commercial space near downtown North Andover.
    Where is this retail space located?
    The property is located at 154 Main St North Andover, MA.
    What are key features of this property?
    This property features: - High-visibility location near downtown North Andover; - Adaptable front room space suitable for various professional or retail concepts; - Option for a separate doorway to create full independence
    (617) 777-0144
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    154 Main St North Andover, MA 01845
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    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
    154 Main St North Andover, MA 01845
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