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    989-995 Osgood St North Andover, MA 01845

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    For Sale
    $1,200,000

    Modern, renovated office/retail space with high traffic exposure.

    Property size:
    5,439 SF

    Property Features for 989-995 Osgood St

    General Information

    Standard status
    Active
    Size
    5,439 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

    Renovated Office/Retail Space on Route

    This Class A office and retail space, constructed in 2014 and completely renovated in 2023, features a modern design. Situated along Route 133, the property benefits from a daily traffic count of 21,000 vehicles. Its location is approximately 1.3 miles from Route 495 and within an hour's drive of Downtown Boston. The layout includes three entrances, two lobbies, more than three conference rooms, three bathrooms, 16 private offices, and multiple kitchenettes and lounge areas. The 5,439 square foot space can be divided back into three separate units, allowing for partial occupancy and rental income from the remaining units. The property is suitable for office or retail use.
    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 - Modern, renovated office/retail space with high traffic exposure.
    Where is this office space located?
    The property is located at 989-995 Osgood St North Andover, MA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Completely renovated in 2023, offering a modern and updated space.; - Flexible space that can be separated into three units for owner occupancy and rental income.; - **High visibility location on Route 133** with a daily traffic count of 21,000 vehicles.
    (978) 423-7782
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    989-995 Osgood St 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
    989-995 Osgood St North Andover, MA 01845
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