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Modern Office Unit with Open Area
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255B Andover Street # 202, Peabody, MA 01960

Three private rooms, shared workspace, and storage support office, training, conference, and service-oriented operations.

Property Size1,643 SF
Price / SF$3.39
Days on Market2

Property Features for 255B Andover Street # 202

General Information

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

Taxes and HOA fees

Annual Taxes $26,407

Amenities

abundant natural light
prominent signage opportunities

Building Details

Building Size 1,643 SF
Year Built 2019
Listing Agency: LPT Realty - Home & Key Group
Listed By: Chris Bernier
Source: Churchillprop
Added: Sep 2 Changed: Sep 3 Last Checked: Sep 2 at 2:02PM

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 LPT Realty - Home & Key Group

Investment Insights

Based on property information with market context.

This 1,643-square-foot office unit at 255B Andover Street, Suite 202, includes three private office rooms, a substantial open area, and additional storage. The layout can accommodate professional office functions as well as training, educational, conference, medical, wellness, and service-oriented activities. Built in 2019, the building offers natural light, contemporary design, on-site parking, and signage opportunities.

The property is positioned along Route 114 in Peabody, with direct exposure from Andover Street and access to an active commercial corridor. Zoning is BR, and the suite is available immediately.

Key Highlights

  • 1,643 SF office unit at 255B Andover Street # 202
  • Three private office‑style rooms plus a spacious open area
  • Additional storage space supports organized operations

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.

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
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Frequently Asked Questions

What type of property is this?
Office units - Three private rooms, shared workspace, and storage support office, training, conference, and service-oriented operations.
Where is this office units located?
The property is located at 255B Andover Street # 202 Peabody, MA.
What are key features of this property?
This property features: 1,643 SF office unit at 255B Andover Street # 202; Three private office‑style rooms plus a spacious open area; Additional storage space supports organized operations
More about this property
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