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Office Suite with Six Offices
For Lease
$1,500/Mo

873 Turnpike Street #202, North Andover, MA 01845

Unit 202 offers six offices, a reception and waiting area, and three bathrooms.

Space SizeContact for details
Days on Market54

Property Features for 873 Turnpike Street #202

General Information

Standard status Active
Zoning I1

Taxes and HOA fees

Annual Taxes $3,404

Building Details

Year Built 1975
Listing Agency: Parsons Commercial Group, Inc.
Listed By: John R Parsons, Jr.
Source: Insightrealtygroup
Added: Jul 14 Changed: Sep 4 Last Checked: Sep 5 at 3:34AM

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 Parsons Commercial Group, Inc.

Investment Insights

Based on property information with market context.

Unit 202 at 873 Turnpike Street is an approximately 1,650-square-foot office suite configured with six offices plus a reception and waiting area. The space includes three bathrooms.

The property is located at 873 Turnpike Street in North Andover, MA, and is offered for rent.

This layout supports a professional office arrangement with multiple private rooms alongside a centralized front reception and waiting area.

Key Highlights

  • Unit 202 is approximately 1,650 SF
  • Includes 6 offices plus a reception and waiting area
  • 3 bathrooms

Property Analytics

Current Use

Lonnie S. Stowe, ... Physician Heidi Kelleher Physician Harry J. Somers, ... Physician Somers Trust Psychological Physician Callahan Daniel Jr ... Physician

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Storage Facility Auto Repair Shop Furniture & Home Goods

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
$1.64 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

795
Businesses Nearby

Demographics for 01845, MA

31,855
Population
12,010
Households
2.7
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
26.4 sq mi
ZIP Area
1,207
Density / Sq Mi
$134,319
Median Household Income
$64,592
Median Earnings
$2,113
Median Rent
$670,000
Median Home Value

Market

Lease Benchmarks for North Andover, MA

$17.88 /SF/Yr
Avg Asking Price
$10.65–$25 /SF/Yr
Price Range
24,762 SF
Avg Space Size

This space is priced 39% below the average of $17.88 /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 - Unit 202 offers six offices, a reception and waiting area, and three bathrooms.
Where is this office units located?
The property is located at 873 Turnpike Street #202 North Andover, MA.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Unit 202 is approximately 1,650 SF; Includes 6 offices plus a reception and waiting area; 3 bathrooms
More about this property
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