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Modern Second-Floor Office Suite
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255A Andover Street # 201, Peabody, MA 01960

Versatile professional suite with private offices, elevator service, and on-site parking along Route 114.

Property Size850 SF
Price / SF$3.24
Days on Market2

Property Features for 255A Andover Street # 201

General Information

Standard status Active
Size 850 SF
Elevators Yes
Property subtype Commercial
Zoning BR
Lease Type Gross

Additional Details

Floor 2
Road Access Yes

Taxes and HOA fees

Annual Taxes $26,407

Building Details

Building Size 850 SF
Year Built 2015
Listing Agency: REMAX Executive Realty
Listed By: Chris Bernier
Source: Churchillprop
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 8:50AM

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 REMAX Executive Realty

Investment Insights

Based on property information with market context.

This 850-square-foot office unit occupies the second floor of a professionally maintained building constructed in 2015. The layout includes three private offices, elevator access, and an additional plumbed room that can serve as a kitchenette, break room, or flexible workspace. Zoning is BR.

The property is positioned along Route 114 at 255A Andover Street in Peabody, with on-site parking and strong daily traffic counts. Its location provides access to Peabody, Danvers, and Salem, as well as major commuter routes. The suite is suited to professional, medical, wellness, and service-oriented business uses identified in the property information.

Key Highlights

  • 850‑square‑foot second‑floor office unit
  • Three private offices plus an additional room with plumbing
  • Elevator access to the suite

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Bakery Daycare Center Kitchen & Bath Showroom Garden Center

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby

Demographics for 01960, MA

54,155
Population
23,009
Households
2.4
Avg Household Size
47
Median Age
34%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,385
Density / Sq Mi
$95,173
Median Household Income
$56,100
Median Earnings
$1,902
Median Rent
$566,700
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
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Frequently Asked Questions

What type of property is this?
Office units - Versatile professional suite with private offices, elevator service, and on-site parking along Route 114.
Where is this office units located?
The property is located at 255A Andover Street # 201 Peabody, MA.
What are key features of this property?
This property features: 850‑square‑foot second‑floor office unit; Three private offices plus an additional room with plumbing; Elevator access to the suite
More about this property
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