Search
Downtown Andover Office Space Available
For Lease
$32 SF/Yr

2 Elm Square, Andover, MA 01810

Centrally located office building near Andover Train Station.

Space Size3,620 SF
Property Size29,650 SF
Days on Market205

Property Features for 2 Elm Square

General Information

Standard status Active
Size 3,620 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 29,650 SF
Year Built 1882

Spaces For Lease

at 2 Elm Square Contact us

Suite 100 $32/SF/Yr

Size
3,620 SF
Type
Street Retail
Term
60 months
Contact us
Listing Agency: NAI | Parsons Commercial Group - Boston
Listed By: Alex Berger · License #9522426
Source: Naiglobal
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 20 at 5:57AM

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 NAI | Parsons Commercial Group - Boston

Investment Insights

Based on property information with market context.

Located in downtown Andover at the intersection of Elm and Main Streets, this three-story office building features a classic brick exterior and landscaped grounds. The property is situated minutes from the Andover Train Station on the Haverhill Line and offers proximity to several restaurants and shops. Recently renovated common areas include updated wall coverings, lighting, artwork, and restrooms. Individual tenant spaces provide flexible floor plans and window lines. The property offers a prestigious business address. The building has a total property size of 29650 square feet. The tenant is offered four dedicated parking spaces.

Key Highlights

  • Prime downtown Andover location at Elm & Main Streets.
  • Minutes from the Andover Train Station (Haverhill Line).
  • Four dedicated parking spaces for tenants.

Property Analytics

Current Use

Elm Square Oyster ... Restaurant Pappas Carlson & Elwell ... Law Firm Victoria Mullett Real Estate Agency Tec-Refresh, Inc Business Management Consultant Brian Murphy Dental Office

Suggested Use

Top Pick Auto Parts Store HVAC Service Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance 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.

Lease Details

NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,664
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Centrally located office building near Andover Train Station.
Where is this office building located?
The property is located at 2 Elm Square Andover, MA.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Prime downtown Andover location at Elm & Main Streets.; Minutes from the Andover Train Station (Haverhill Line).; Four dedicated parking spaces for tenants.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message