Property profile

1591 Osgood St North Andover, MA 01845

OFF-MARKET
Turn key restaurants
Property ID
US38-1234424
3,344 SF 2.85 ac lot Built 1950
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

Exceptional investment opportunity in North Andover, MA, encompassing a 2.846-acre parcel zoned IS. This property features two established, currently operating businesses: Jimmy's Famous Pizza and The Cork Stop. The asking price is $2,750,000. The location offers unparalleled visibility and accessibility, situated directly across the street from a newly opened, 3.8-million-square-foot Amazon e-commerce, warehouse, and distribution facility on a 110-acre lot. This strategic positioning provides significant advantages for future growth and profitability. The property consists of two units and presents a unique chance to acquire established businesses alongside a substantial land holding. The high-traffic location, coupled with the proximity to a major e-commerce hub, creates a compelling investment proposition with significant potential for long-term returns. This is a rare opportunity to own a thriving commercial property in a rapidly developing area. The property's two existing businesses offer immediate cash flow, while the expansive land provides ample room for expansion or future development. Detailed financial information and operational data are available upon request. Don't miss this chance to secure a prime commercial asset in a high-growth market.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Total area 3,344 SF
Lot 2.85 ac (123,972 SF)
Zoning code IS
APN NAND M:00034 B:00004 L:00000
UPID US38-1234424

Cap rate & NOI

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

Location

1591 Osgood St North Andover, MA 01845-1014
North Andover metro Census 253203 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
Last sale
$2.4M
6 recorded transactions
2026
$2.4M
2013
$85,000
2013
$550,000
1994
Price N/A
1993
Price N/A
1990
Price N/A

Zoning & alternative use

IS · North Andover, MA

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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