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Move-In Ready Standalone Restaurant
For Lease
$34 SF/Yr

1268 Osgood Street, North Andover, MA 01845

Move-in ready freestanding restaurant with a fully equipped commercial kitchen, dining room and bar, and multiple patios.

Space SizeContact for details
Days on Market150

Property Features for 1268 Osgood Street

General Information

Standard status Active

Additional Details

Traffic Count 30,000 vehicles/day

Amenities

full dining room
bar
enclosed heated patio
two outdoor patios
commercial kitchen

Building Details

Year Built 2019
Listing Agency: Lillian Montalto Signature Properties
Listed By: Lillian Montalto
Source: Somervillelofts
Added: Mar 28 Changed: Aug 23 Last Checked: Aug 24 at 6:20AM

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 Lillian Montalto Signature Properties

Investment Insights

Based on property information with market context.

Move-in ready, standalone restaurant opportunity at 1268 Osgood Street, North Andover, MA. The space includes a fully equipped commercial kitchen and thoughtfully designed dining areas featuring a full dining room and bar. Additional guest areas include an enclosed heated patio, plus two outdoor patios, supporting year-round dining and flexible service.

The property benefits from high visibility in a north Andover setting, with traffic counts exceeding 30,000 vehicles per day. The surrounding complex includes 192 market-rate apartments, and an Amazon fulfillment center is located about two blocks away.

For operators seeking an operationally ready restaurant environment, the freestanding layout offers dedicated curb presence and the ability to support multiple dining experiences on-site.

Key Highlights

  • Year built 2019 freestanding restaurant space with move‑in‑ready layout and fully equipped commercial kitchen
  • Dining room and bar plus enclosed heated patio for year‑round guest seating
  • Two outdoor patios in addition to the enclosed heated patio, creating multiple dining environments

Property Analytics

Current Use

Andiamo Restaurant + Bar Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Law Firm Garden Center Furniture & Home Goods Plumbing Service

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

30,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby
10k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Starbucks Dining
9,977 visits/mo 0.2 miles

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 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 - Move-in ready freestanding restaurant with a fully equipped commercial kitchen, dining room and bar, and multiple patios.
Where is this conventional restaurant located?
The property is located at 1268 Osgood Street North Andover, MA.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Year built 2019 freestanding restaurant space with move‑in‑ready layout and fully equipped commercial kitchen; Dining room and bar plus enclosed heated patio for year‑round guest seating; Two outdoor patios in addition to the enclosed heated patio, creating multiple dining environments
More about this property
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