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Second-Floor Office/Flex Suite
For Lease
$2,000/Mo

2f-18 Park St, Andover, MA 01810

Lease a 730 SF second-floor office/flex suite with open layout and utilities included for immediate occupancy.

Space SizeContact for details
Days on Market86

Property Features for 2f-18 Park St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $23,644
Listing Agency: Lillian Montalto Signature Properties
Listed By: Team Lillian Montalto
Source: Exprealty
Added: May 29 Changed: Aug 20 Last Checked: Aug 22 at 11:31AM

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 Lillian Montalto Signature Properties

Investment Insights

Based on property information with market context.

This second-floor office/flex suite offers 730 SF of flexible space with an open-canvas layout suitable for a range of office, studio, professional service, or creative uses. The space is handicap-accessible, and there is a common bathroom located steps from the unit entrance. All utilities are included, supporting a straightforward move-in for tenants seeking a ready-to-operate workspace.

Located at 18 Park Street in Downtown Andover, the property sits within the town’s central business district. The offering benefits from visibility and steady foot traffic associated with its downtown setting, with close proximity to two well-established neighboring businesses that help generate day-to-day activity. Ample nearby parking options are described as available for both employees and clients.

The open layout can accommodate different configurations depending on the tenant’s needs. Immediate occupancy is available, and any additional build-out or customization of the premises would be subject to further negotiation between landlord and tenant. The suite is a practical fit for professionals or creative users looking for an accessible, utilities-included space in a downtown environment.

Key Highlights

  • 730 SF second‑floor office/flex suite with an open layout
  • All utilities included
  • Handicap‑accessible space with common bathroom steps from the unit entrance

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store HVAC Service Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store

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

NNN (Triple Net)
Lease Type
$4.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,664
Businesses Nearby

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

$28.68 /SF/Yr
Avg Asking Price
$22–$35 /SF/Yr
Price Range
8,582 SF
Avg Space Size

This space is priced 15% above the average of $28.68 /SF/Yr.

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 - Lease a 730 SF second-floor office/flex suite with open layout and utilities included for immediate occupancy.
Where is this office units located?
The property is located at 2f-18 Park St Andover, MA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 730 SF second‑floor office/flex suite with an open layout; All utilities included; Handicap‑accessible space with common bathroom steps from the unit entrance
More about this property
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