109 Main St 123, North Andover, MA 01845-2419
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.
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CVS Photo (Bike/Boat/Book/etc) Store
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Santander Bank ATM Atm
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CVS Cosmetic Store
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CVS Pharmacy Pharmacy
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Boston Chowda Co Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB · North Andover, MANorth Andover. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.