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Downtown Andover Commercial Space For Rent
For Lease
$35 SF/Yr

2 Punchard Ave #1, Andover, MA 01810

Renovated 2,200 SF commercial space in the heart of Andover.

Property Size2,200 SF
Days on Market100

Property Features for 2 Punchard Ave #1

General Information

Standard status Active
Size 2,200 SF

Building Details

Year Built 1900
Listing Agency: Lillian Montalto Signature Properties
Listed By: Team Lillian Montalto
Source: Liongatere
Added: Apr 22 Changed: Jul 10 Last Checked: Jul 30 at 2:52AM

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.

This 2,200 square foot commercial space is located in downtown Andover. The building has been completely renovated with new, energy-efficient HVAC, electrical, and plumbing systems. The open shell layout provides flexibility for retail, office, studio, or custom concepts. Situated in the heart of Andover Center, the property benefits from high visibility, consistent foot traffic, and proximity to shops, restaurants, and public transportation. The space is suitable for various uses, including open workspaces, private offices, boutique storefronts, or professional suites. The building is well-maintained and offers convenient street parking nearby.

Key Highlights

  • Prime downtown Andover location with high visibility and foot traffic.
  • Completely renovated with new, energy‑efficient HVAC, electrical, and plumbing.
  • Flexible 2,200 sq ft space suitable for retail, office, or studio.

Property Analytics

Current Use

The Taylor'd Room Interior ... Interior Design John E Mahoney ... Law Firm

Suggested Use

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

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,648
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
5,238 visits/mo 0.2 miles
The UPS Store Shops & Services
3,793 visits/mo 0.1 miles
People's United Bank Shops & Services
3,226 visits/mo 0.3 miles
Santander Bank Shops & Services
1,852 visits/mo 0.0 miles
Enterprise Bank Shops & Services
969 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Retail space - Renovated 2,200 SF commercial space in the heart of Andover.
Where is this retail space located?
The property is located at 2 Punchard Ave #1 Andover, MA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Prime downtown Andover location with high visibility and foot traffic.; Completely renovated with new, energy‑efficient HVAC, electrical, and plumbing.; Flexible 2,200 sq ft space suitable for retail, office, or studio.
More about this property
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