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Third-Floor Office Suite with Elevator
For Lease
$29 SF/Yr

63 Park Street #301, Andover, MA 01810

Bright office suite with large bay windows, private restroom, and new ductless HVAC.

Space SizeContact for details
Property Size829 SF
Days on Market50

Property Features for 63 Park Street #301

General Information

Standard status Active
Size 829 SF
Zoning GB

Taxes and HOA fees

Annual Taxes $87,844

Building Details

Building Size 829 SF
Year Built 1984
Listing Agency: The Edge Group, Inc.
Listed By: Gary E Sidell
Source: Insightrealtygroup
Added: Jul 13 Changed: Aug 8 Last Checked: Aug 31 at 12:35PM

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.

Investment Insights

Based on property information with market context.

This third-floor professional office suite offers abundant natural light through large bay windows and a flexible layout that includes a combination of private offices and open workspace. Recent improvements include new carpeting throughout, supporting immediate move-in readiness. The suite includes brand-new ductless HVAC for efficient heating and air conditioning and a private restroom located within the suite.

Suite 301 is accessible via elevator and is located in downtown Andover. Parking is available in an adjacent municipal parking lot for both tenants and visitors, with parking administered by the Town of Andover, and the property is within walking distance of local restaurants, shops, and amenities with easy access to major commuter routes.

Offered as an office space for rent, Suite 301 provides a straightforward combination of private and collaborative work areas, supported by dedicated comfort controls through its new ductless HVAC system.

Key Highlights

  • Suite 301 is on the third floor with elevator access
  • Large bay windows provide abundant natural light
  • Flexible layout with a mix of private offices and open workspace

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 Veterinary Clinic

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
$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

$28.21 /SF/Yr
Avg Asking Price
$22–$35 /SF/Yr
Price Range
8,582 SF
Avg Space Size

This space is priced 3% above the average of $28.21 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Bright office suite with large bay windows, private restroom, and new ductless HVAC.
Where is this office units located?
The property is located at 63 Park Street #301 Andover, MA.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Suite 301 is on the third floor with elevator access; Large bay windows provide abundant natural light; Flexible layout with a mix of private offices and open workspace
More about this property
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