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Restaurant Building with Parking
For Lease
$20,000/Mo

560 S Main St, Andover, MA 01810

SRC-zoned restaurant property with a long-established hibachi and sushi use near major regional routes.

Space Size9,010 SF
Lot Size1.46 Acres
Days on Market130

Property Features for 560 S Main St

General Information

Standard status Active
Size 9,010 SF
Net Rentable 9,010 SF
Total Parking Spaces 100
Lot size 1.46 Acres

Space & Availability

Available Space 9,010 SF
Contiguous Space 9,010 SF

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2008
Building Size 9,010 SF
Listing Agency: The Minuteman Realty Group
Listed By: Fred Hoang
Source: Lyvrealty
Added: Apr 23 Changed: Aug 29 Last Checked: Aug 25 at 5:06AM

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 Minuteman Realty Group

Investment Insights

Based on property information with market context.

This 9,010-square-foot restaurant property occupies 1.46 acres and includes 100 marked parking spaces. Built in 2008, the building has been associated with Tokyo Steakhouse, a hibachi and sushi restaurant, establishing a documented restaurant use at the site. The property is classified SRC, Legal Non-Conforming, and lease structures include net lease and ground lease options.

The address is 560 S Main St in Andover, positioned on Route 28 at Route 125. Regional access includes I-93 and I-495, with the site located near residential neighborhoods and business districts. The property is presented for restaurant operators, retail users, or mixed-use redevelopment, subject to applicable requirements.

Key Highlights

  • 9,010 sq ft commercial building on 1.46 acres
  • 100 marked parking spaces
  • Built in 2008

Property Analytics

Current Use

Tokyo Steakhouse Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Barber Shop Electrical Service Pet Grooming Service

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
8,627 visits/mo 0.5 miles

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

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - SRC-zoned restaurant property with a long-established hibachi and sushi use near major regional routes.
Where is this conventional restaurant located?
The property is located at 560 S Main St Andover, MA.
What is the lease rate?
The lease rate is $20,000/Mo.
What are key features of this property?
This property features: 9,010 sq ft commercial building on 1.46 acres; 100 marked parking spaces; Built in 2008
More about this property
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