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    1615 Osgood St North Andover North Andover, MA 01845

    For Sale
    $999,990

    Commercial garage with highway access, client base, and equipment.

    Property Features for 1615 Osgood St North Andover

    General Information

    Standard status
    Active

    Building Details

    Year built
    1960

    Source: Four Seasons Realty Group Corp. Agent Dawn Valentino

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

    Overview

    Garage with Highway Access

    This highly visible commercial property offers instant access to major highways. The property features a commercial building, approximately 1260 square feet, situated on 0.43 acres. The garage includes an office space, restrooms, and two vehicle repair bays. It has a new roof and comes with a profitable client base. An 18-car dealer license will transfer with the sale. The property includes a car display ramp and inventory such as a waste oil heater, desks, cabinets, AC machine, battery tester, evap smoke machine, compressor, and strut machine. The intended use is for an automotive garage or similar business. Additional residential multifamily property is available behind the property, featuring a 4-bedroom, 2-bath renovated duplex on 0.65 acres. The combined acreage for both properties is 1.08 acres, presenting opportunities for builders and developers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    North Andover Auto ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

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

    Similar Places Nearby

    North Andover Auto Computer, Val's Foreign Auto Repairs

    Location Insight

    • Map
    • Local Demand
    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.11317
    Latitude
    42.7331791

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    FAQs

    What type of property is this?
    Auto shop - Commercial garage with highway access, client base, and equipment.
    Where is this auto shop located?
    The property is located at 1615 Osgood St North Andover North Andover, MA.
    What is the asking price?
    The asking price for this property is $999,990.
    What are key features of this property?
    This property features: - Highly visible commercial property with instant highway access.; - Established garage business with profitable clientele and included inventory (waste oil heater, desks, cabinets, AC machine, battery tester, evap smoke machine, compressor, strut machine, etc.).; - Includes a transferable 18-car dealer license.
    (978) 761-8600
    Request Owner's contact information
    1615 Osgood St North Andover 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
    1615 Osgood St North Andover North Andover, MA 01845
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