1538 Turnpike St - Medical FOR SALE


North Andover, MA 01845
$3,500,000 USD
978-815-6300
1538 Turnpike St, North Andover, MA for Sale
$3,500,000 USD
Medical - FOR SALE
1/44
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1538 Turnpike St
North Andover, MA 01845


OVERVIEW

Excellent opportunity to acquire a freestanding four-story office building on a prominent acre lot with prime visibility on Route 114 in North Andover. The well-maintained property offers ~60 parking spaces and a flexible layout with two units available for lease—ideal for an owner-occupant or investor. Alternatively, buyers seeking an office condominium can purchase a full floor—approximately 5,000 SF—for $950,000. Features include an elevator, three stairwells, restrooms on each level, a welcoming lobby, and separate electric, heat pumps, and AC per unit. Recent upgrades: newer roof, windows, and lighting. Easy access to I-95 and I-495. Seller financing available. Potential conversion to apartments, condos, or office condos requires buyer to conduct their own due diligence.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Industrial One

APN/PARCEL ID

NAND-000107B-000005

ASK ABOUT THIS PROPERTY

Lillian MontaltoLillian Montalto Signature PropertiesMore Info
978-815-6300

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Lillian MontaltoLillian Montalto Signature PropertiesMore Info
978-815-6300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.