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    North Andover, MA
    Medical Premises

    North Andover, MA Medical Office Space for Sale

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    Andover, MA Boxford, MA Lawrence, MA Middleton, MA Methuen, MA North Reading, MA Haverhill, MA Groveland, MA
    First-Floor Office Suite with Entrance Access
    Updated: Jan 11
    First-Floor Office Suite with Entrance Access

    451 Andover Street, Unit 150, North Andover, MA 01845

    $125,000
    295 sqft
    1990‑built professional building in North Andover
    First‑floor, 3‑room suite (Unit 150) located at the building’s main entrance
    Convenient access from the parking area and the building lobby
    Flexible layout suitable for medical/wellness, general office, or creative services
    Unit #160 is also available for purchase to expand within the complex
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    This listing looks promising.

    Here's a quick look at some key insights for

    451 Andover Street, Unit 150, North Andover, MA 01845

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $8K
      Annual

    • Price @ 7% Cap

      $117K
      Suggested

    • Last Sold

      Sep 2009
      $116K

    • Property Type

      Condominium Offices
      Built 1990
    View Property Analytics
    Medical Office Suite
    Updated: Jul 7
    Medical Office Suite

    565 Turnpike, #85, North Andover, MA 01845

    $499,000
    2,557 sqft
    Medical office space built in 1986
    Reception area plus business office
    Includes 4 exam rooms
    Private doctors office and bathroom
    View details
    Medical Office Suite
    Medical Office Suite

    85-565 Turnpike St, North Andover, MA 01845

    $499,000
    2,557 sqft

    Medical office suite with reception, business office space, bathroom, and four exam rooms plus a private doctors office.

    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in North Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Brick Office Building
    Renovated Brick Office Building

    6 Windsor St, Andover, MA 01810

    $1,100,000
    4,368 sqft 0.25 AC lot

    Four-level, ADA-accessible office building with central HVAC, private offices, meeting rooms, kitchen, and on-site parking.

    View details
    Top-Floor Medical Suite with River Views
    Top-Floor Medical Suite with River Views

    25 Marston St #402, Lawrence, MA 01841

    $689,000
    2,725 sqft

    Turnkey medical suite near Lawrence General Hospital and I-495.

    View details
    Andover Office/Medical Space For Sale
    Andover Office/Medical Space For Sale

    6 Windsor St, Andover, MA 01810

    $1,300,000

    4,300+ SF, updated, ADA access, near major routes.

    View details
    Retail or Office Building
    Retail or Office Building

    128 Parker St, Lawrence, MA 01843

    Contact for pricing
    2,296 sqft

    Former Packard Pharmacy building at 128 Parker St offers a spacious layout with large display windows for retail or office use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Approved Medical Office Land
    Approved Medical Office Land

    28 Lumber St, Hopkinton, MA 01748

    $850,000

    Land approved for a 10,000 sq ft medical office.

    View details
    6.79 Acres on Merrow Road
    6.79 Acres on Merrow Road

    248 Merrow Rd, Tolland, CT 06084

    $700,000
    996 sqft 6.79 AC lot

    Commercial land with ranch home in technology campus zone.

    View details
    Norwich Commercial Parcel For Sale
    Norwich Commercial Parcel For Sale

    171 Otrobando Ave, Norwich, CT 06360

    $90,000

    Multi-use commercial land parcel in a convenient Norwich location.

    View details
    Corner Commercial Land Lot
    Corner Commercial Land Lot

    3280 E Main Street, Waterbury, CT 06705

    $199,000
    0.24 AC lot

    Corner lot zoned CA in Waterbury, offering approvals for a wide range of commercial and service uses.

    View details

    Off-Market Properties in North Andover, MA

    Consider similar Off-Market properties in North Andover, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    162 Sutton St
    Restaurants

    162 Sutton St, North Andover, MA 01845

    Value Estimation by Request
    3,974 sqft
    View details
    140 Willow St
    Office Units

    140 Willow St, North Andover, MA 01845

    Value Estimation by Request
    8,320 sqft
    View details

    North Andover, MA Medical Office Space Market Trends and Statistics

    Explore 5 medical office space for sale in North Andover, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,409 square feet of properties for sale, with an estimated market value of $1,123,000.

    Sale prices for medical spaces in North Andover, MA start at $125,000, averaging $374,333, and reaching up to $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 55
    Medical Office Space 14
    Coworking space 4
    Office buildings 4
    Creative space 3

    Demographics Overview

    Population 32K
    Population Growth (5Y) +4.2%
    Median Household Income $134,319
    College Educated 89.6%

    High-Yield Neighborhoods for Investment

    Identify North Andover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01845 $499K

    Taxes & Financing

    Tax Rate (average for all types) 1.51%
    Property Tax per SF $12.60 per SF
    Tax Rate vs County Average 0.19 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

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