Second-Floor Office
New
For Lease
$2,750/Mo
255A Andover Street #201, Peabody, MA 01960
Three private offices and a separate room with plumbing support a flexible business layout.
Space SizeContact for details
Property Size850 SF
Days on Market5
Property Features for 255A Andover Street #201
General Information
Standard status
Active
Size
850 SF
Elevators
Yes
Zoning
BR, Legal Conforming
Space & Availability
Floor
2
Space Use
Office
Private Offices
3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$26,407
Amenities
on-site parking
room with plumbing
Building Details
Building Size
850 SF
Year Built
2015
Listing Agency:
Leading Edge Real Estate
(781) 729-5505
Listed By:
Melanie Lentini · License #448510392
(781) 526-8070
Source:
Condonrealty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 9:24AM
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 Leading Edge Real Estate
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Investment Insights
Based on property information with market context.
This 850-square-foot office suite occupies the second floor at 255A Andover Street. Its layout includes three private offices and a separate room with plumbing that can serve as a kitchenette, break area, or additional workspace. Elevator access and on-site parking are available. The building was constructed in 2015.
The property is on Route 114 in Peabody, with access to Peabody, Danvers, and Salem, as well as major commuter routes. The suite is zoned BR and is legally conforming.
The property is on Route 114 in Peabody, with access to Peabody, Danvers, and Salem, as well as major commuter routes. The suite is zoned BR and is legally conforming.
Key Highlights
- 850‑square‑foot office suite on the second floor
- Three private offices and a separate plumbed room
- Elevator access and on‑site parking
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$5.82 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Peabody, MA
$23.9 /SF/Yr
Avg Asking Price
$5.5–$46 /SF/Yr
Price Range
4,010 SF
Avg Space Size
This space is priced 62% above the average of $23.9 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Three private offices and a separate room with plumbing support a flexible business layout.
Where is this office unit located?
The property is located at 255A Andover Street #201 Peabody, MA.
What is the lease rate?
The lease rate is $2,750/Mo.
What are key features of this property?
This property features: 850‑square‑foot office suite on the second floor; Three private offices and a separate plumbed room; Elevator access and on‑site parking
