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    989-991 Osgood St, Unit 989-991 North Andover, MA 01845

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    For Sale
    $850,000

    Renovated office/retail space with high traffic and flexible layout.

    Property size:
    3,437 SF

    Property Features for 989-991 Osgood St

    General Information

    Standard status
    Active
    Size
    3,437 SF

    Building Details

    Year built
    2014

    Source: Broad Sound Real Estate, LLC Agent Nicholas Daher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Office/Retail Space on Route

    This Class A office and retail space, constructed in 2014 and fully renovated in 2023, is located along Route 133, which sees a daily traffic count of 21,000 vehicles. Situated 1.3 miles from Route 495 and within an hour's drive of Downtown Boston, the property offers a contemporary design. The 3,437 square foot space features two entrances, two lobbies, multiple conference rooms and bathrooms, private offices, a kitchenette, and a lounge area. The layout allows for the space to be divided back into two separate units, providing the option to occupy one portion while leasing out the other.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.117947
    Latitude
    42.713551

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    FAQs

    What type of property is this?
    Office space - Renovated office/retail space with high traffic and flexible layout.
    Where is this office space located?
    The property is located at 989-991 Osgood St, Unit 989-991 North Andover, MA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Completely renovated in 2023, offering a modern and updated space.; - Located on Route 133 with high daily traffic (21,000 cars), providing excellent visibility.; - Divisible into two separate units, offering flexibility for owner occupancy and rental income.
    (978) 423-7782
    Request Owner's contact information
    989-991 Osgood St, Unit 989-991 North Andover, MA 01845
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    North Andover, MA 01845
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    989-991 Osgood St, Unit 989-991 North Andover, MA 01845
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