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Turnkey Professional Office Suite
For Lease
$5,575/Mo per office

255b Andover Street # 202 Peabody, Peabody, MA 01960

Modern office suite with three private rooms, open training area, and on-site parking near Route 114.

Space SizeContact for details
Property Size1,643 SF
Days on Market52

Property Features for 255b Andover Street # 202 Peabody

General Information

Standard status Active
Size 1,643 SF
Zoning BR
Lease Type Gross

Additional Details

Business Included Yes
Office Units 3

Taxes and HOA fees

Annual Taxes $26,407

Amenities

No HOA Fees

Building Details

Building Size 1,643 SF
Year Built 2019
Listing Agency: Leading Edge Real Estate
Listed By: Amanda Lucido Hodges · License #448510392
Source: Bournetosellrealestate
Added: Jun 21 Changed: Aug 8 Last Checked: Aug 11 at 4:49AM

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

Investment Insights

Based on property information with market context.

Suite 202 at 255B Andover Street is a turnkey, modern commercial space designed for professional use. The layout includes three private office-style rooms plus a spacious open area suited for training, educational programs, conferences, or collaborative work. Additional storage space supports a more organized environment for staff and visitors, and the suite benefits from abundant natural light.

The building is situated along highly traveled Route 114, providing strong visibility for clients and passersby. The property also offers ample on-site parking, helping simplify arrival for employees, customers, and service providers. The suite supports prominent signage opportunities for added exposure.

This space can fit a range of service-oriented and professional users. The combination of private offices, an open work area, and storage makes it practical for educational and training organizations, medical or wellness-related professionals, and professional offices needing both focused rooms and a flexible central area. The suite is available immediately for an operator seeking an accessible location along a busy retail and business corridor.

Key Highlights

  • Modern commercial building built in 2019
  • Suite includes three private office‑style rooms
  • Spacious open area for training, educational programs, conferences, or collaborative work

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Accounting Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

3
Office units
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

527
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

Lease Benchmarks for Peabody, MA

$25.55 /SF/Yr
Avg Asking Price
$5.5–$44 /SF/Yr
Price Range
4,200 SF
Avg Space Size

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 - Modern office suite with three private rooms, open training area, and on-site parking near Route 114.
Where is this office units located?
The property is located at 255b Andover Street # 202 Peabody Peabody, MA.
What is the lease rate?
The lease rate is $5,575/Mo per office.
What are key features of this property?
This property features: Modern commercial building built in 2019; Suite includes three private office‑style rooms; Spacious open area for training, educational programs, conferences, or collaborative work
More about this property
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