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    FOR SALE
    Office Units

    1 Elm Ct Andover, MA 01810

    Property ID
    US38-Q004129
    1 Elm Ct, Andover, MA 01810 For Sale 1 / 8
    $195,000
    1 Elm Ct, Andover, MA 01810
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    Property summary
    AI-generated overview

    Move your company into this southern-facing, 602 SF office condo on the third floor of 1 Elm Square in downtown Andover, Massachusetts. The unit is sized well for a solo practitioner or small team of individuals seeking convenient access by 495, 93, 114, 28 or the MBTA commuter rail and professional company image. Moreover, the pedestrian-friendly location in Andover Center's amenities appeal to clients, customers, and employees. The unit comes with one onsite parking space. 1 Elm Square is undergoing common area updates and roof work paid for by the seller upon closing. - Prime 602 SF office space - Condo Fee: $215.60/Month - 2024 Real Estate Taxes: $5,647 - Assessed Value: $206,700 - Ideal for small to medium-sized businesses - Modern amenities and professional ambiance - Convenient access to 496 & 93 - Well-maintained and move-in ready - Proximity to diverse dining and retail options

    Property profile
    Verified
    Property type Office Units
    UPID US38-Q004129
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Andover Mental Health Associates Counselor
    • LYF Architects Architect
    • Peter M. Macy, ESQ. Law Firm
    • Guardian Community Trust, Inc. Charitable Organization Social Service Agency
    • Informatix Home Care Nurses & Aides Home Health Care Service
    5 occupants on record
    Value estimations
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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