000 Andover St, Andover, Massachusetts 01810

$975,000
List Price
$975,000
MLS#
72809819
Lot Size
9,377
County
Essex
Year Built
1960
Status
ACTIVE

Property Description

Tons of Potential! This 2 level, mixed use commercial building offers a rare opportunity for the smart investor / developer / landlord. The first level currently include 4 storefront units, with well established, long term tenants. Level 2 houses 4 large units, currently used as office space. It is possible to easily reconfigure and upgrade space to create multiple uses. Both floors total 7658 SF. Plus 16 off street parking spots. Newer roof and fire alarm system. Separate utilities. Prime location, on the commuter rail, Haverhill Line, bus stop and easy access to Rt.133, Rt. 93. Nestled among beautiful residential condos and single family homes, and parks. It is a fantastic location. Outstanding potential with loads of add value for the right buyer. Current cap 5%. Come see how this property could be transformed into the true centerpiece of Ballardvale.

Additional Information

Days on Market
5
Taxes
$23,495
Tax Year
2019
Construction
Brick, Frame
Parking Spaces
16
Acres
0.22
Disclosures
1 of 4 units leased on 2nd floor.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Lisa Sheehan from Engel & Volkers Boston

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.