Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    109 Main St North Andover, MA 01845

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    109 Main St North Andover, MA 01845


    • Super regional malls
    • 46,104 SF
    • 3.35 lot acres
    First & Main: North Andover Office For Lease
    $25 SF/Yr

    First & Main: North Andover Office

    Prime North Andover office space, multiple suites available.

    109 Main St, North Andover, MA 01845
    View Listing
    Property ID
    US38-1160089
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,770,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CVS Photo / (Bike/Boat/Book/etc) Store
    • Santander Bank ATM / Atm
    • CVS / Cosmetic Store
    • CVS Pharmacy / Pharmacy
    • Boston Chowda Co / Restaurant

    Property Details for 109 Main St

    Year built
    1967
    Lot size
    3.35 lot acres
    Property size
    46,104 SF
    Zone code
    GB
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    NAND M:00029 B:00048 L:00000
    APU
    NANDM00029B00048L00000

    Description

    First & Main, located at 109 Main St, North Andover, MA 01845, presents a unique opportunity for businesses seeking versatile office space in a thriving downtown location. This Class B building, constructed in 1967 and renovated in 1990, offers a total of 46,104 square feet across two stories. The property features 11 suites, with a minimum divisible space of 5,779 square feet and a maximum contiguous space of 12,780 square feet. Currently, 10,904 square feet are vacant, offering significant potential for expansion or lease acquisition. The building boasts a 16-foot ceiling height and ample parking with 180 spaces. Utilities include 400 Amp 3-phase power. The 3.35-acre lot is zoned for retail use, reflecting the vibrant commercial environment of the surrounding area. First & Main is situated in the heart of downtown North Andover, near established businesses such as CVS, a wine and spirits store, a restaurant, and various other retail establishments. This property offers a blend of traditional and creative office spaces, also suitable for medical office use, making it an ideal location for a variety of businesses. The building's central location and diverse tenant mix create a dynamic and convenient environment for businesses of all sizes. One retail space of 11,859 square feet is available, subdividable to 4,835 square feet, with an additional 955 square foot mezzanine and 6,069 square feet.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $1,460,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,079,000
      Market price range: $1.37M - $2.91M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,990,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.132
    Latitude
    42.7026
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $118,535
    $1,057,700
    $6,540,700
    $7,598,400
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message