Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Andover Office Space Available Title is generated by Realmo AI

    300 Federal Street, Andover, MA 01810

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space with fitness centers and convenient transportation access.

    Type:Office
    Property size:
    36,921 SF
    Added:
    Nov 22, 2025
    Days on Market:
    181
    Last Refresh:
    May 19 at 10:49 pm

    Property Features for 300 Federal Street

    General Information

    Standard status
    Active
    Size
    36,921 SF
    Property subtype
    Office

    Spaces For Lease

    at 300 Federal Street Contact us

    We can help!

    Listing Contact
    Don Domoretsky

    Listing agent Don Domoretsky

    Listing office

    Listing date Nov 22, 2025

    Source Cbre

    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 Don Domoretsky

    HighLights

    • Convenient location: Less than 0.5 miles from River Road exit and 3 miles to I‑93/I‑495 intersection.
    • Two fitness centers with changing areas and showers.
    • On‑site security personnel.
    • Enjoy the walking trails.
    • Grab‑and‑go style food service.
    • Public transportation access via MBTA bus line.

    Overview

    This property offers office spaces and includes two fitness centers equipped with changing areas and showers. Security personnel are present on-site. A grab-and-go style food service is available. The location features walking trails and access to public transportation via the MBTA bus line. Situated less than 0.5 miles from the River Road exit (49) and 3 miles from the intersection of I-93/I-495, the property provides convenient access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Injured Workers Pharmacy ... Pharmacy Skyworks Electronics & Wireless Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.2017
    Latitude
    42.6855

    Nearby Similar for Lease

    • $1,125/Mo
      600-600 SF

      77 Main Street Properties

      Renovated office space in downtown Andover, ideal for small teams.
      77 Main St, Unit 2nd Floor, Andover, MA 01810
      View Details
    • $35 SF/Yr
      3,205 SF

      Downtown Andover Standalone Office Building

      Turnkey, furnished office space in downtown Andover with parking.
      13 Bartlet St, Andover, MA 01810
      View Details
    • Sponsored
      $129-$6,639/Mo
      11-1,292 SF

      Brickstone Square

      300 Brickstone Sq, Unit 201, Andover, MA 01810
      View Details
    • $35 SF/Yr
      2,200 SF

      Downtown Andover Commercial Space For Rent

      Renovated 2,200 SF commercial space in the heart of Andover.
      2 Punchard Ave #1, Andover, MA 01810
      View Details
    • $450/Mo
      155-155 SF

      Seventy Seven Main Street Properties

      Private office in downtown Andover, available June 1, 2026.
      77 Main St Andover, Unit Andover, Andover, MA 01810
      View Details
    • $35 SF/Yr
      3,205 SF

      Downtown Andover Standalone Office Building

      Furnished 3,205 SF office building in downtown Andover.
      13 Bartlet St, Andover, MA 01810
      View Details
    • $32 SF/Yr
      29,650 SF

      Downtown Andover Office Space Available

      Centrally located office building near Andover Train Station.
      2 Elm Square, Andover, MA 01810
      View Details
    • $1,500/Mo
      500 SF

      Retail Space in Shawsheen Square

      High-visibility retail space in established Shawsheen Square.
      5a Lowell St, Andover, MA 01810
      View Details
    • $1,771/Mo
      1,771 SF

      Move-in Ready Office Condo

      Top floor office condo in downtown Andover for lease.
      One Elm Square, Andover, MA 01810
      View Details
    • Contact for pricing
      120,000 SF

      Class A Office Space Andover

      Class A office building with flexible space in Andover, MA.
      1 Tech Dr, Andover, MA 01810
      View Details
    • Contact for pricing
      27,750 SF

      Andover GMP/Lab/Manufacturing/Office Opportunity

      181,300 SF customizable space in prominent life science cluster.
      146 Dascomb Rd, Andover, MA 01810
      View Details
    • $1,100/Mo

      Downtown Andover Office Space Available

      Prime office space in downtown Andover with included utilities.
      68 Park St #4, Andover, MA 01810
      View Details

    FAQs

    What type of property is this?
    Office units - Office space with fitness centers and convenient transportation access.
    Where is this office units located?
    The property is located at 300 Federal Street Andover, MA.
    What are key features of this property?
    This property features: Convenient location: Less than 0.5 miles from River Road exit and 3 miles to I‑93/I‑495 intersection.; Two fitness centers with changing areas and showers.; On‑site security personnel.
    (617) 447-1376
    We can help!
    Listing Contact
    Don Domoretsky
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    300 Federal Street, Andover, MA, 01810
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!