Landmark Building For Sale in Andover

305 North Main Street Andover, MA 01810

305 North Main Street, Andover, MA, 01810
305 North Main Street Andover, MA
305 North Main Street, Andover, MA, 01810
FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
FOR SALE
Last Verified:
Dec 13, 2018

Highlights


Description

SVN | Parsons Commercial Group | Boston is pleased to present this opportunity to purchase 305 North Main Street (“the property”), a 47,857± RSF multi-tenant office, retail, medical building located in Andover, Massachusetts.
Originally known as “Balmoral Spa” this magnificent building is being offered for sale for the first time in 50 years! 305 North Main Street offers the perfect opportunity to purchase a landmark in Downtown Andover.
The property is currently 45% occupied to a mix of nine diverse tenants and lends itself well to an owner/investor or re-positioning.
The property has been self managed and leased by owner occupant.
305 North Main Street is being offered exclusively for sale by SVN | Parsons Commercial Group | Boston without a formal asking price. Once qualified investors and users have had the opportunity to tour the property and evaluate the offering materials we will schedule a formal call for offers. Please call for a full offering package and tour details.

SVN | Parsons Commercial Group | Boston is pleased to present this opportunity to lease space at 305 North Main Street, a 47,857± RSF multi-tenant office, retail, medical building located in the heart of Andover, Massachusetts.

Spaces varying in sizes from 1,500 SF to 5,500 SF. The property is occupied with a mix of diverse tenants including office, medical, retail, technology firms, professional services, recreational services and more.

Suites feature large windows with ample natural light (and some spaces have river views), making the spaces a pleasure to work in.

The property is located in the heart of Downtown Andover just 1/2 mile to and from Route 495.


Year Built: 1920
Building Size: 47857.0sq ft
Building Class: B
Lot Size: 1.67 acres

Units for Lease

Unit 1
Space Available: 1562 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $0.0
Unit 2
Space Available: 2989 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $0.0
Unit 3
Space Available: 1560 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $0.0
Unit 4
Space Available: 4380 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $0.0
Unit 5
Space Available: 5504 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $0.0
Unit 6
Space Available: 4140 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $0.0

Map of 305 North Main Street, Andover, MA, 01810

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