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Downtown Office Building
For Sale
$1,349,000

68 Park St, Andover, MA 01810

Well-maintained office building with seven offices, four bathrooms, and off-street parking.

Property SizeContact for details
Days on Market99

Property Features for 68 Park St

General Information

Standard status Active
Property subtype Commercial
Zoning GB
Lease Type Gross
Net Operating Income $80,857

Taxes and HOA fees

Annual Taxes $16,286

Building Details

Year Built 1895
Listing Agency: REMAX Andrew Realty Services
Listed By: Chris Bernier
Source: Churchillprop
Added: Jun 2 Changed: Sep 7 Last Checked: Sep 8 at 3:53AM

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 REMAX Andrew Realty Services

Investment Insights

Based on property information with market context.

This well-maintained downtown office building includes seven offices, four bathrooms, and a shared conference room. Off-street parking is available, with additional spaces located in the back. Six of the offices are currently rented to long-term tenants, providing existing in-place occupancy. The property is described as in meticulous condition, with regular upkeep and a roof that is approximately 7 years old.

The building is situated in a downtown location and features off-street parking for tenant and visitor use. Buyers considering an owner-occupancy strategy can also potentially occupy part of the space while earning income from the remaining leased offices.

The overall configuration supports a multi-office professional layout, with shared conference space and multiple restrooms to support day-to-day operations across the offices.

Key Highlights

  • Year built 1895 office building with seven offices and four bathrooms
  • Off‑street parking with additional spaces in the back
  • Shared conference room plus multiple office areas for flexible tenant or user setups

Property Analytics

Current Use

Oxygen Mind and Body ... Gym & Fitness Center Look Salon Hair Salon Dr. Lois A. Lombardo, ... Dental Office Connective Healing Myofascial ... Physician Andover Gallery (Bike/Boat/Book/etc) Store

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.

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

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 building - Well-maintained office building with seven offices, four bathrooms, and off-street parking.
Where is this office building located?
The property is located at 68 Park St Andover, MA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Year built 1895 office building with seven offices and four bathrooms; Off‑street parking with additional spaces in the back; Shared conference room plus multiple office areas for flexible tenant or user setups
More about this property
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