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Bright Office Suite with Elevator
For Lease
$29 SF/Yr

301-63 Park St, Andover, MA 01810

Third-floor office suite with large bay windows, private restroom, and new ductless HVAC for move-in ready comfort.

Space SizeContact for details
Days on Market58

Property Features for 301-63 Park St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $87,844
Listing Agency: The Edge Group, Inc.
Listed By: Gary Sidell
Source: Exprealty
Added: Jul 13 Changed: Sep 6 Last Checked: Sep 7 at 1:48PM

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 The Edge Group, Inc.

Investment Insights

Based on property information with market context.

This professional office suite is designed for a bright, comfortable work environment, featuring large bay windows and a flexible layout with a mix of private offices and open workspace. Recent improvements include new carpeting throughout the suite. The space is also equipped with brand-new ductless HVAC systems for efficient heating and air conditioning, and includes a private restroom located within the suite.

Suite 301 is on the third floor and is accessible via elevator. The property is in the heart of downtown Andover and within walking distance of local restaurants, shops, and amenities, with easy access to major commuter routes. Parking is available in the adjacent municipal parking lot for both tenants and visitors, with parking administered by the Town of Andover.

Key Highlights

  • Third‑floor office suite with large bay windows for abundant natural light
  • Flexible layout with a mix of private offices and open workspace
  • New carpeting throughout the suite for move‑in ready occupancy

Property Analytics

Current Use

Office Units

Suggested Use

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

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
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,658
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

$28.75 /SF/Yr
Avg Asking Price
$22.95–$35 /SF/Yr
Price Range
10,144 SF
Avg Space Size

This space is priced 1% above the average of $28.75 /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 - Third-floor office suite with large bay windows, private restroom, and new ductless HVAC for move-in ready comfort.
Where is this office units located?
The property is located at 301-63 Park St Andover, MA.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Third‑floor office suite with large bay windows for abundant natural light; Flexible layout with a mix of private offices and open workspace; New carpeting throughout the suite for move‑in ready occupancy
More about this property
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