560 S Main St - Restaurant FOR SALE


Andover, MA 01810
$5,500,000 USD
560 S Main St, Andover, MA for Sale
$5,500,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

560 S Main St
Andover, MA 01810


OVERVIEW

Situated on Route 28 at the intersection of Route 125, with convenient access to I-93 and I-495, 560 South Main Street offers a 6,323 sq/ft commercial building on 1.46 acres, ideally suited for restaurant operators, retail users, or mixed-use redevelopment. The property enjoys easy access from both northbound and southbound traffic, enhancing visibility and customer convenience. Built in 2008, the property has long served as the home of Tokyo Steakhouse, a well-established hibachi and sushi restaurant that has drawn steady customer traffic for years. Its proven success at this location underscores the strength of the site, with excellent visibility, high daily traffic counts, and close proximity to both residential neighborhoods and business districts. Whether continuing its tradition as a dining destination or repositioning the site for alternative commercial use, 560 South Main Street presents a rare opportunity in Andover’s thriving commercial corridor.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$870 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,597 SF

ZONING

SRC, Andover

APN/PARCEL ID

ANDO-000085-000019-A000000

ASK ABOUT THIS PROPERTY

Fred HoangThe Minuteman Realty GroupMore Info

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Fred HoangThe Minuteman Realty GroupMore Info

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