Downtown Office
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 Market145
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:
Lillian Montalto Signature Properties
Listed By:
Team Lillian Montalto
(978) 475-1400
Source:
Churchillprop
Added: Jun 2
Changed: Oct 6
Last Checked: Oct 23 at 5:15AM
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 Lillian Montalto Signature Properties
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Investment Insights
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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.
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
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Current Use
Location Intelligence
Trade Area within ½ mile
1,658
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
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
