Restaurants

Andover, MA Restaurants for Sale

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Tewksbury, MA Lawrence, MA North Andover, MA Dracut, MA Methuen, MA Lowell, MA North Reading, MA Billerica, MA
Conventional Restaurant Building
Updated: Aug 8
Conventional Restaurant Building

560 S Main St, Andover, MA 01810

$4,950,000
9,010 sqft 1.46 AC lot
9,010‑square‑foot commercial building on 1.46 acres
100 marked parking spaces
Built in 2008
Longstanding Tokyo Steakhouse location with hibachi and sushi restaurant use
Situated at the intersection of Route 28 and Route 125
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Turnkey Cafe with Updated Equipment
Updated: Jul 20
Turnkey Cafe with Updated Equipment

195A Andover, Andover, MA 01810

Contact for pricing
Fully equipped cafe with a renovated interior and commercial equipment about 3 years old
Located in Andover steps from Ballardvale Train Station
Cafe positioned on a busy main road with strong daily traffic
Extensively updated within the last 3 years with updated commercial equipment
Low monthly rent listed as $1,200
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Restaurant Near I-93 in Andover
Restaurant Near I-93 in Andover

159 River Rd, Andover, MA 01810

Contact for pricing
4,040 sqft

Popular restaurant located near I-93 and office parks.

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See hot listings in Andover

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 3 Active listings in Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Restaurant Opportunity
Turnkey Restaurant Opportunity

226 Essex Street, Lawrence, MA 01843

$1,000,000

Fully operational restaurant sale includes established business and included FF&E and equipment.

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Full-Service Restaurant with Kitchen
Full-Service Restaurant with Kitchen

2212 Main Street, Tewksbury, MA 01876

$1,200,000
1.21 AC lot

Former full-service restaurant on a 1.21-acre site with expansive bar, dining areas, and a large commercial kitchen.

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Remodeled Restaurant/Bar with Lease
Remodeled Restaurant/Bar with Lease

2254 Main Street, Tewksbury, MA 01876

$949,900
3,260 sqft

Remodeled restaurant/bar with existing tenant and parking.

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Restaurant and Grocery Store Opportunity
Restaurant and Grocery Store Opportunity

205 South Union Street, Lawrence, MA 01843

$145,000

Fully operational Spanish restaurant and grocery store for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Downtown Andover Land For Sale
Downtown Andover Land For Sale

16R High St, Andover, MA 01810

$629,900

Land in downtown Andover with General Business zoning.

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Hudson Land Parcel For Sale
Hudson Land Parcel For Sale

Washington St, Hudson, MA 01749

$199,900
9.98 AC lot

9.98 acre wooded parcel near shopping and major routes.

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Off-Market Properties in Andover, MA

Consider similar Off-Market properties in Andover, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

11 Bartlet St
RESTAURANT

11 Bartlet St, Andover, MA 01810-3655

Estimated value:
$390,000
2,250 sqft 0.11 AC lot
View details
464 Lowell St
RESTAURANT

464 Lowell St, Andover, MA 01810-5305

Estimated value:
$2,630,000
2,457 sqft 0.63 AC lot
View details
18 Elm St
RESTAURANT

18 Elm St, Andover, MA 01810-3633

Estimated value:
$2,725,000
5,828 sqft 0.33 AC lot
View details
560 Main St
RESTAURANT

560 Main St, Andover, MA 01810-6261

Estimated value:
$1,780,000
6,323 sqft 1.46 AC lot
View details
17 Railroad St
RESTAURANT

17 Railroad St, Andover, MA 01810-3516

Estimated value:
$310,000
1,000 sqft 0.16 AC lot
View details
193 Main St
RESTAURANT

193 Main St, Andover, MA 01810

Estimated value:
$590,000
2,694 sqft 0.41 AC lot
View details
131st Riv Rd
RESTAURANT

131st Riv Rd, Andover, MA 01810-1005

Estimated value:
$2,875,000
18,668 sqft 2.86 AC lot
View details
19 Essex St
RESTAURANT

19 Essex St, Andover, MA 01810-3748

Estimated value:
$385,000
5,353 sqft 0.24 AC lot
View details
207 Main St
RESTAURANT

207 Main St, Andover, MA 01810-3109

Estimated value:
$1,090,000
9,235 sqft 1.15 AC lot
View details
260 Main St
RESTAURANT

260 Main St, Andover, MA 01810-3082

Estimated value:
$990,000
10,965 sqft 2.79 AC lot
View details

Andover, MA Restaurants Market Trends and Statistics

Explore 13 restaurants for sale in Andover, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,050 square feet of properties for sale, with an estimated market value of $4,950,000.

Sale prices for restaurant properties in Andover, MA average $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Coffee shops 1

Demographics Overview

Population 36K
Population Growth (5Y) +0.0%
Median Household Income $167,591
College Educated 23.3%

Taxes & Financing

Tax Rate (average for all types) 2.34%
Property Tax per SF $21.95 per SF
Tax Rate vs County Average 0.64 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

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