Modern Andover Center Retail/Residential Investment Opportunity

2 Punchard Avenue Andover, MA 01810

2 Punchard Avenue, Andover, MA, 01810
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FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
May 07, 2024

Highlights


Description

Introducing 2 Punchard Avenue, a prime retail & residential investment opportunity in the heart of Andover center. Built in 1900 and thoughtfully renovated in 2024, this property seamlessly blends historic charm with modern functionality with a 3bed/3ba elevator serviced penthouse unit, 2, 2bed/2ba units and first floor commercial space. Zoned GB and ideally situated in the Boston MSA area, it presents an attractive investment with abundant potential. Don't miss the chance to secure a foothold in this thriving market with this well-appointed, versatile property.

Be the first to occupy either 1,050 or 2,100 SF of first floor, modern downtown Andover commercial space at the intersection of Punchard and Main. Thoroughly renovated in 2024, this first generation space is in shell condition and ready to be configured to suit your company's individual needs. The entire first floor may be leased as a 2,100 SF suit, or subdivided into two, 1,050 suites. With access to a range of high-profile businesses, dining options, and retail establishments, the surroundings create an attractive locale for your business. Nearby tenants include The Autograph, Caffe Nero, Brooksy's, Dunkin', CVS, Starbucks, La Fina, Larosa's, TD Bank, Santander Bank, UBurger, and JP Licks. The property's enviable position ensures that your employees and clients will have access to all the conveniences the area has to offer.

Discover this new, first floor downtown Andover location, an ideal setting for your next office, retail or professional services space. With access to a range of high-profile businesses, dining options, and retail establishments, the surroundings create an attractive locale for your business. Nearby tenants include The Autograph, Caffe Nero, Brooksy's, Dunkin', CVS, Starbucks, La Fina, Larosa's, TD Bank, Santander Bank, UBurger, and JP Licks. The property's enviable position ensures that your employees and clients will have access to all the conveniences the area has to offer.


Year Built: 1900
Building Size: 6300sq ft
Lot Size: 0.1 acres


Documents

Floorplan - 2 Punchard Ave Andover, MA
2 Punchard Ave | Andover, MA | Lease Flyer
2 Punchard Avenue Andover, MA | Sale Flyer

Units for Lease

2,100 SF Suite | Ready for Your Modern Environment
Space Available: 2100 SF
Lease Type: NNN

Map of 2 Punchard Avenue, Andover, MA, 01810

Presented by:
MANSARD

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Jeremy Cyrier


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.