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Medical Office Suite
New
For Sale
$499,000

565 Turnpike #85, North Andover, MA 01845

The layout includes dedicated reception, administrative, examination, and physician office areas.

Property Size2,557 SF
Price / SF$195.15
Days on Market7

Property Features for 565 Turnpike #85

General Information

Standard status Active
Size 2,557 SF
Property subtype Commercial
Zoning I 1, Legal Conforming

Additional Details

Property Use Medical Office

Taxes and HOA fees

Annual Taxes $4,084

Building Details

Building Size 2,557 SF
Year Built 1986
Listing Agency: Flagship Commercial Real Estate, Inc.
Listed By: Henry Carpenito
Source: Condonrealty
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 4:18PM

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 Flagship Commercial Real Estate, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 2,557-square-foot medical office suite includes a reception area, a business office, a bathroom, four exam rooms, and a private doctor’s office. Built in 1986, the space is zoned I 1 and is legally conforming.

Key Highlights

  • 2,557 square feet of medical office space
  • Four exam rooms
  • Separate reception and business office areas

Property Analytics

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Open Analytics

Current Use

Sondarya Health n ... Spa & Massage Center Eyebrow Threading Hair Salon Andover Smiles Dental Office Bernardini Law P.C Law Firm Sondarya Skin Care Clinic

Suggested Use

Top Pick Hair Salon Grocery & Convenience Store Plumbing Service Building Supply Nail Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

955
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

Frequently Asked Questions

What type of property is this?
Medical Office Space - The layout includes dedicated reception, administrative, examination, and physician office areas.
Where is this medical office space located?
The property is located at 565 Turnpike #85 North Andover, MA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2,557 square feet of medical office space; Four exam rooms; Separate reception and business office areas
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