Second-Floor Medical Office
For Lease
$29 SF/Yr
208-63 Park St, Andover, MA 01810
Suite 208 offers existing plumbing on the 2nd floor, positioned adjacent to professional and health and wellness tenants.
Space SizeContact for details
Days on Market83
Property Features for 208-63 Park St
General Information
Standard status
Active
Additional Details
Business Included
No
Taxes and HOA fees
Annual Taxes
$87,844
Amenities
municipal parking
modernized elevator
renovated common areas
Building Details
Tenancy
Multi
Listing Agency:
The Edge Group, Inc.
(978) 458-8822
Listed By:
Gary Sidell
(978) 375-7363
Source:
Exprealty
Added: Jun 24
Changed: Sep 6
Last Checked: Sep 13 at 11:35AM
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 The Edge Group, Inc.
Investment Insights
Based on property information with market context.
Completely re-imagined for modern professional use, 63 Park Street includes recently renovated municipal parking, an upgraded and modernized elevator, and ongoing updates to building common areas and exterior elements. Renovations are underway for the lobby and 2nd floor common area, with exterior siding, lighting, signage, and landscaping nearing completion.
Suite 208 is located on the 2nd floor and is situated adjacent to other professional and health and wellness tenants. The suite already has existing plumbing, providing a foundation that can be customized to meet tenant requirements.
The building is actively undergoing a full transformation, with some listing images reflecting proposed future improvements as work continues.
Suite 208 is located on the 2nd floor and is situated adjacent to other professional and health and wellness tenants. The suite already has existing plumbing, providing a foundation that can be customized to meet tenant requirements.
The building is actively undergoing a full transformation, with some listing images reflecting proposed future improvements as work continues.
Key Highlights
- Suite 208 on the 2nd floor has existing plumbing and is ready to be customized to tenant requirements
- Suite 208 is adjacent to professional and health and wellness tenants
- Building includes a modernized/upgraded elevator and renovated 3rd floor offices and common areas
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,658
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
$28.75 /SF/Yr
Avg Asking Price
$22.95–$35 /SF/Yr
Price Range
10,144 SF
Avg Space Size
This space is priced 1% above the average of $28.75 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Suite 208 offers existing plumbing on the 2nd floor, positioned adjacent to professional and health and wellness tenants.
Where is this office units located?
The property is located at 208-63 Park St Andover, MA.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Suite 208 on the 2nd floor has existing plumbing and is ready to be customized to tenant requirements; Suite 208 is adjacent to professional and health and wellness tenants; Building includes a modernized/upgraded elevator and renovated 3rd floor offices and common areas
