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Office Suite with Existing Plumbing
New
For Lease
$29 SF/Yr

63 Park Street #208, Andover, MA 01810

Second-floor space in a building with office, medical, and retail tenants, with plumbing available for a tenant-specific layout.

Space SizeContact for details
Property Size1,229 SF
Days on Market6

Property Features for 63 Park Street #208

General Information

Standard status Active
Size 1,229 SF
Elevators Yes
Zoning GB, Legal Conforming

Additional Details

Floor 2

Taxes and HOA fees

Annual Taxes $87,844

Building Details

Building Size 1,229 SF
Year Built 1984
Tenancy Multi
Listing Agency: The Edge Group, Inc.
Listed By: Gary Sidell
Source: Bostoniaproperties
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:14PM

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Suite 208 offers 1,229 square feet on the second floor of the office property at 63 Park Street. Existing plumbing provides flexibility for a customized layout. The building, constructed in 1984, is zoned GB and legal conforming.

The suite sits alongside professional and health and wellness tenants. Building improvements include a modernized elevator, renovated third-floor offices and common areas, and municipal parking that has been renovated. Lobby and second-floor common-area work is underway, while exterior siding, lighting, signage, and landscaping improvements are nearing completion.

Key Highlights

  • 1,229‑square‑foot second‑floor office suite
  • Existing plumbing supports a customized tenant layout
  • GB zoning; legal conforming

Property Analytics

Current Use

Traci Connor Counselor Shelley A. Woolsey, RD Physician Suzanne Saindon Physician Lydia Jeffcoat Physician Stephan Coufos - Coco, ... Real Estate Agency

Suggested Use

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

Multi-tenant
Tenancy
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

$28.49 /SF/Yr
Avg Asking Price
$22.95–$35 /SF/Yr
Price Range
12,873 SF
Avg Space Size

This space is priced 2% above the average of $28.49 /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

Frequently Asked Questions

What type of property is this?
Office unit - Second-floor space in a building with office, medical, and retail tenants, with plumbing available for a tenant-specific layout.
Where is this office unit located?
The property is located at 63 Park Street #208 Andover, MA.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: 1,229‑square‑foot second‑floor office suite; Existing plumbing supports a customized tenant layout; GB zoning; legal conforming
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