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    Property profile & analytics

    209 Main St Andover, MA 01810-3116

    • Commercial real estate
    • 25.20 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 16, 2025
    $53,454,545
    Location Intelligence
    Property ID
    US38-1857033
    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.

    Current Use by Public Records

    • Taner Gulbas - Citizens, Home Mortgage / Mortgage Lender
    • Karma in Andover / Asian Restaurant / Chinese Restaurant
    • Sherwin-Williams Paint Store / Paint Manufacturer / Paint Store
    • Wendy Fraser / Mortgage Lender
    • Dianna Maldonado / Mortgage Lender

    Property Details for 209 Main St

    Lot size
    25.20 lot acres
    Zone code
    MU
    Property type
    Commercial real estate
    APN
    ANDO M:00037 B:00007 L:00000
    APU
    ANDOM00037B00007L00000

    Description

    Shawsheen Plaza, located at 209 N Main St in Andover, MA 01810, offers exceptional retail space for lease. This Essex County property boasts a total of 4,000 square feet, currently entirely vacant and available for immediate occupancy. The space is divisible, with a minimum leasable area of 1,500 square feet and a maximum contiguous space of 2,500 square feet, providing flexibility for various business needs. Ideal for a single tenant seeking a larger space or multiple tenants looking for smaller, adjacent units. The property is classified as a storefront retail space within a multi-tenant building. Its prime location in Andover, Massachusetts offers excellent visibility and accessibility for customers. The property's address is easily identifiable and situated on a main thoroughfare, ensuring high foot traffic and potential for strong business growth. This is a unique opportunity to establish or expand your retail presence in a thriving Andover community. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1439
    Latitude
    42.6655
    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
    2020
    $247,199
    $4,806,200
    $9,334,900
    $14,141,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      19.00 Acres

      43 Riv Rd

      COMMERCIAL (GENERAL) • 19.00 Acres
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      1.26 Acres

      166 Main St

      COMMERCIAL (GENERAL) • 1.26 Acres
      166 Main St, Andover, MA 01810-6504
      View Details

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    209 Main St
    Andover, MA 01810-3116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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