75 Essex St - Office FOR SALE


Andover, MA 01810
$849,900 USD
978-835-0435
75 Essex St, Andover, MA for Sale
$849,900 USD
Office - FOR SALE
1/36
null | Request Cap Rate

75 Essex St
Andover, MA 01810


OVERVIEW

Incredible opportunity to own a high-exposure mixed-use property in the heart of Andover’s thriving downtown district. 75 Essex Street is located within the MBTA Multi-Family Zoning District, which opens the door for potential conversion to multi-unit residential use, subject to local bylaws and approvals. This highly visible and versatile building is currently utilized as a mortgage office but is well-suited for a wide range of professional uses, including real estate, legal, insurance, mortgage brokerage, or general business operations. Just steps from the commuter rail and surrounded by active redevelopment, this property offers long-term value in one of the area’s most desirable commercial and residential areas. With the redevelopment coming to this prime location in Andover this property has strong market dynamics including great visibility, high foot traffic, and an established presence. Capitalize on the energy of a growing area that will evolve with your vision over time..

FOR SALE DETAILS

PRICE

$849,900 USD

PRICE/SF

$429 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

GB

APN/PARCEL ID

ANDO-000054-000049

ASK ABOUT THIS PROPERTY

Mike PettorutoLillian Montalto Signature PropertiesMore Info
978-835-0435

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Mike PettorutoLillian Montalto Signature PropertiesMore Info
978-835-0435

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