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    Andover, MA
    Office Units

    Andover, MA Office Units for Sale

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    Tewksbury, MA Lawrence, MA North Andover, MA Methuen, MA North Reading, MA Dracut, MA Billerica, MA Lowell, MA
    Freestanding Office-Flex Building
    Updated: Jun 4
    Freestanding Office-Flex Building

    1 Connector Road, Andover, MA 01810

    $2,495,000
    7,571 sqft
    Free‑standing office/flex building on 32,570 SF of land, built in 1980
    Includes several private offices plus a 1,932 SF warehouse with 18‑foot clear height
    State‑of‑the‑art security system
    On‑site parking for 23 cars
    Recently refurbished exterior and well‑maintained grounds with outdoor area for employee use
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    This listing looks promising.

    Here's a quick look at some key insights for

    1 Connector Road, Andover, MA, MA 01810

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $211K
      Annual

    • Mortgage

      $1.1M
      Aug 2022

    • Last Sold

      Jun 2004
      $500K

    • Property Type

      Industrial (General)
      Built 1980
    View Property Analytics
    Turnkey Two-Story Office Condo
    Updated: Jun 3
    Turnkey Two-Story Office Condo

    191 Chandler Road # B, Andover, MA 01810

    $629,000
    3,899 sqft
    Move‑in ready 2‑story office condo with medical‑appropriate layout, multiple private offices, dedicated therapy and meeting rooms, and a large open‑plan area
    Four half‑bathrooms and a buildout described as costing $150,000+ to replicate from shell condition
    Direct I‑93 visibility with immediate access to the Andover/I‑93 professional corridor
    3,899 SF building built in 1970; priced at $161/SF
    Condo fee (2025): $1,000/month; real estate taxes (2025): $10,677
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    Totally Renovated Downtown Retail Suite
    Totally Renovated Downtown Retail Suite

    1 Elm Sq, #L9-2, Andover, MA 01810

    $435,305
    2,353 sqft

    Totally renovated retail suite with a flexible floor plan, 2 off-street parking spaces, and high downtown visibility.

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    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.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Downtown Private Office Suite
    Downtown Private Office Suite

    68 Park St # 4, Andover, MA 01810

    Contact for pricing

    Private office suite with shared conference room, restrooms, and off-street parking, with heat and electric included.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 5 Active listings in Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Turnkey Medical Office Suite
    Turnkey Medical Office Suite

    25 Marston St # 402, Lawrence, MA 01841

    $689,000
    2,725 sqft

    Top-floor suite with exam rooms, multiple offices, and ample parking for staff and patients near Lawrence General Hospital.

    View details
    First-Floor Office Suite with Entrance Access
    First-Floor Office Suite with Entrance Access

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

    $125,000
    295 sqft

    Three-room first-floor suite at the main entrance with convenient parking and lobby access.

    View details
    Retail-Style Office Building
    Retail-Style Office Building

    601 South Union Street # 3, Lawrence, MA 01843

    Contact for pricing
    2,128 sqft

    First-floor retail space with street-level exposure and a large second-floor office component.

    View details
    Professional Suite in North Andover
    Professional Suite in North Andover

    451 Andover St #160, North Andover, MA 01845

    $90,000

    First-floor, two-room suite with high visibility and accessibility.

    View details

    Off-Market Properties in Andover, MA

    Consider similar Off-Market properties in 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.

    24 York St
    Office Units

    24 York St, Andover, MA 01810

    Value Estimation by Request
    2,029 sqft
    View details

    Andover, MA Office Units Market Trends and Statistics

    Explore 6 office units for sale in Andover, MA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 13,823 square feet of properties for sale, with an estimated market value of $3,559,305.

    Sale prices for office units in Andover, MA start at $435,305, averaging $1,186,435, and reaching up to $2,495,000 — 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 31
    Office buildings 16
    Medical Office Space 4
    Coworking space 1
    Creative space 1

    Demographics Overview

    Population 36K
    Population Growth (5Y) +0.0%
    Median Household Income $167,591
    College Educated 23.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    01810 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.34%
    Property Tax per SF $21.95 per SF
    Tax Rate vs County Average 0.64 pp above 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)

    Property Size Breakdown

    The majority of commercial real estate listings in Andover fall within the 100,000+ square foot range.

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