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Office Suite with Shared Conference Room

68 Park St 5, Andover, MA 01810

For Lease
$1,500/Mo

Heat and electricity are included, with shared restrooms and off-street parking available.

Space SizeContact for details
Property Size186 SF
Days on Market8

Property Features for 68 Park St 5

General Information

Standard status Active
Size 186 SF
Property subtype Commercial

Additional Details

Space Use Office
Utilities Included in Rent heat, electricity

Taxes and HOA fees

Annual Taxes $1,700

Amenities

shared conference room
restrooms
off street parking

Building Details

Building Size 186 SF
Year Built 1895
Listing Agency: Lillian Montalto Signature Properties
Listed By: Lillian Montalto · License MA #79547
Source: Elliman
Added: Nov 3 Changed: Nov 6 Last Checked: Nov 8 at 7:18AM

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

Rey
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Investment Insights

Based on property information with market context.

This private office unit is in a building constructed in 1895 in downtown Andover. Heat and electricity are included in the rental, and occupants have shared access to a conference room and restrooms. Off-street parking is also available.

Local shops, restaurants, and other amenities are nearby. The property is at 68 Park St in Andover, Massachusetts.

Key Highlights

  • Private office unit in downtown Andover
  • Heat and electricity included
  • Shared conference room and restrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 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

NNN (Triple Net)
Lease Type

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Andover, MA

$35.05 /SF/Yr
Avg Asking Price
$22.95–$96.77 /SF/Yr
Price Range
11,593 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Andover, MA

$28.17 Jul
$28.98 Aug
$28.35 Sep
$29.44 Oct

Properties on Market for Office Units in Andover

Jul
Aug
Sep
Oct

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 - Heat and electricity are included, with shared restrooms and off-street parking available.
Where is this office unit located?
The property is located at 68 Park St 5 Andover, MA.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Private office unit in downtown Andover; Heat and electricity included; Shared conference room and restrooms
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