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Leased Medical Office Condominium
For Sale
$150,000

451 Andover St, North Andover, MA 01845

Commercial Sale, North Andover, MA

Property SizeContact for details
Days on Market8

Property Features for 451 Andover St

General Information

Property type Commercial Sale
Property subtype Other
Zoning GBD
Zoning description Legal Conforming
Directions Andover St is Rt 114
Standard status Active
APN M:0024 B:0028 L:0120.A,4835694

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2208

Building Details

Year built 1990
Listing Agency: Keller Williams Realty Evolution
Listed By: Keller Williams Realty Evolution
Added: Sep 28 Changed: Oct 2 Last Checked: Oct 5 at 3:06PM
MLS# 73583290

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This medical office condominium has two main rooms and a smaller room used for storage. Built in 1990, the unit is leased through June 2027 to an aesthetician who has operated a business for five years. GBD zoning is designated for the property.

The condominium is on Andover Street in North Andover, along the Andover Street corridor, with access to nearby communities and major routes.

Key Highlights

  • Medical office condominium leased through June 2027
  • Two main rooms plus a smaller room used for storage
  • Tenant is an aesthetician with five years in business

Property Analytics

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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 Auto Repair Shop Hair Salon Building Supply Real Estate Agency Big Box & Wholesale Store Restaurant

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

1
Office units
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

740
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Similar Off Market Nearby

  • Petco Vaccination Clinic — 790 Waverly Rd, North Andover, MA 01845

Frequently Asked Questions

What type of property is this?
Medical Office Space - Two main rooms and a separate storage room support the unit’s existing layout.
Where is this medical office space located?
The property is located at 451 Andover St North Andover, MA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Medical office condominium leased through June 2027; Two main rooms plus a smaller room used for storage; Tenant is an aesthetician with five years in business
More about this property
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