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First Floor Office Unit Available
For Lease
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451 Andover St, North Andover, MA 01845

Office unit with reception, kitchenette, and included utilities.

Space SizeContact for details
Days on Market162

Property Features for 451 Andover St

General Information

Standard status Active
Class B
Total Parking Spaces 10
Property subtype Office

Building Details

Year Built 1990
Tenancy Single
Listing Agency: Realty One Group Nest
Listed By: Tamara Schofield · License #9575738
Source: Crexi
Added: Mar 13 Changed: Aug 8 Last Checked: Aug 8 at 6:36AM

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 Realty One Group Nest

Investment Insights

Based on property information with market context.

This first-floor office unit presents an opportunity for a small practice to share space. The unit includes a reception/waiting area, a kitchenette, and a mailroom/storage space. There are three office rooms in the unit. The rent covers electricity and heating/AC. It is suitable for a therapist, attorney, real estate agent, or anyone seeking an office environment. The unit can be delivered vacant, or the owner can leave the furniture. The building is modern and offers ample parking in a high-traffic area.

Key Highlights

  • First floor unit suitable for office space.
  • Rent includes electricity, heat/AC.
  • Includes reception/waiting area, kitchenette, and mailroom/storage space.

Property Analytics

Current Use

Express Employment Professionals Employment Agency Foot Health Center ... Physician Brian Fellows Physician Cari Skin Care ... Medical Clinic Vida Wellness Alternative Medicine Practice

Suggested Use

Top Pick Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon Building Supply Pharmacy

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

Location Intelligence

Trade Area within ½ mile

740
Businesses Nearby

Demographics for 01845, MA

31,855
Population
12,010
Households
2.7
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
26.4 sq mi
ZIP Area
1,207
Density / Sq Mi
$134,319
Median Household Income
$64,592
Median Earnings
$2,113
Median Rent
$670,000
Median Home Value

Market

Lease Benchmarks for North Andover, MA

$17.23 /SF/Yr
Avg Asking Price
$10.65–$24 /SF/Yr
Price Range
9,848 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 - Office unit with reception, kitchenette, and included utilities.
Where is this office units located?
The property is located at 451 Andover St North Andover, MA.
What are key features of this property?
This property features: First floor unit suitable for office space.; Rent includes electricity, heat/AC.; Includes **reception/waiting area, kitchenette, and mailroom/storage space.**
More about this property
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