Downtown Andover Commercial
For Lease
$35 SF/Yr
2 Punchard Ave 1, Andover, MA 01810
Renovated 2,200 SF space in the heart of Andover.
Space SizeContact for details
Property Size2,200 SF
Lot Size0.10 Acres
Days on Market255
Property Features for 2 Punchard Ave 1
General Information
Standard status
Active
Size
2,200 SF
Lot size
0.10 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$18,830
Building Details
Building Size
2,200 SF
Year Built
1900
Listing Agency:
Lillian Montalto Signature Properties
(978) 815-6300
Listed By:
Lillian Montalto · License #79547
(978) 815-6300
Source:
Elliman
Added: Dec 3, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:59AM
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 space offers flexibility for retail, office, studio, or custom concepts. Situated in the heart of Andover Center, it provides visibility, foot traffic, and access to shops, restaurants, and public transportation. The open shell layout allows for a customized floor plan, suitable for open workspace, private offices, a boutique storefront, or a professional suite. The building is well maintained, and convenient street parking is available 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
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,648
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Andover, MA
$31.2 /SF/Yr
Avg Asking Price
$25–$36 /SF/Yr
Price Range
1,733 SF
Avg Space Size
This space is priced 12% above the average of $31.2 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Renovated 2,200 SF 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.
