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Restaurant Near I-93 in Andover
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159 River Rd, Andover, MA 01810

Popular restaurant located near I-93 and office parks.

Property Size4,040 SF
Days on Market904

Property Features for 159 River Rd

General Information

Standard status Active
Size 4,040 SF
Class A
Property subtype Retail
Zoning GB
Occupancy 100%
Lease Type NNN
Investment Type Net Lease

Building Details

Year Built 2
Year Renovated 2020
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Argyle Realty Group LLC
Listed By: Daniel Connelly · License #MA 9073517
Source: Crexi
Added: Feb 28, 2024 Changed: Aug 15 Last Checked: Aug 19 at 9:06AM

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 Argyle Realty Group LLC

Investment Insights

Based on property information with market context.

This well-positioned and popular restaurant is located just off I-93 in Andover, MA, at the entrance to both Shattuck Office Park and Minuteman Office Park. The property is near six hotels within a half-mile radius. Other tenants in the area include The Learning Experience and Boston Vision. The property size is 4040 square feet, making it suitable for commercial real estate and conventional restaurant use.

Key Highlights

  • High‑traffic location just off I‑93 in Andover, MA.
  • Located at the entrance to Shattuck and Minuteman Office Parks.
  • Anchored by established tenants: The Learning Experience and Boston Vision.

Property Analytics

Current Use

Andiamo Restaurant Bar ... Restaurant Boston Vision Eye Care Center John J. Lee, ... Ophthalmologist Emily Nangle Physician Stephanie Dunker Physician

Suggested Use

Top Pick Building Supply Spa & Massage Center Nail Salon Dental Office Pharmacy Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby
39k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Dining 43% Hotels & Casinos 8%
Mobil Shops & Services
19,312 visits/mo 0.2 miles
Chili's Grill & Bar Dining
12,536 visits/mo 0.4 miles
Andiamo Dining
4,267 visits/mo 0.1 miles
La Quinta Inn & Suites by Wyndham Boston-Andover Hotels & Casinos
3,062 visits/mo 0.3 miles

Demographics for 01810, MA

35,621
Population
13,803
Households
2.6
Avg Household Size
43
Median Age
75%
College-Educated
97%
High-School Grad
30.5 sq mi
ZIP Area
1,168
Density / Sq Mi
$167,591
Median Household Income
$86,838
Median Earnings
$2,046
Median Rent
$813,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Popular restaurant located near I-93 and office parks.
Where is this conventional restaurant located?
The property is located at 159 River Rd Andover, MA.
What are key features of this property?
This property features: High‑traffic location just off I‑93 in Andover, MA.; Located at the entrance to Shattuck and Minuteman Office Parks.; Anchored by established tenants: The Learning Experience and Boston Vision.
More about this property
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