Property profile

Andover St Andover, MA 01810

OFF-MARKET
Investment properties
Built 2007
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Property summary

AI-generated overview

This exceptional business opportunity presents a well-established convenience store in Andover, MA, boasting a 19-year history of success and a loyal customer base. Strategically located near the Ballardvale MBTA commuter rail station on a high-traffic street, this turnkey operation benefits from consistent foot traffic and demonstrable profitability. The sale includes all equipment, existing stock and inventory, ensuring a seamless transition for the new owner. A significant advantage is the inclusion of a valuable Beer & Wine license, further enhancing revenue streams. Additional income generators include lottery sales and a personal ATM. The property also features two convenient storage rooms for efficient inventory management. This established business offers a rare opportunity to acquire a profitable, turnkey operation with a proven track record. Due to the owner's privacy, prospective buyers are asked to refrain from approaching the business during operating hours. Serious inquiries only

Property profile

Verified
Property type Investment properties
Year built 2007

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Andover St Andover, MA 01810
Andover metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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