Catylist ID:
#30869192
Historic office, retail space at Andover Station
Office
for Lease
| Catylist Listing ID: | 30869192 |
| Property Subtypes: | Office Building |
| Contiguous Space: | 1,180 - 2,857 SF |
| Gross Building Area: | See Agent |
| Lease Rate: |
$25 PSF (Annual) |
| Base Monthly Rent: | $5,952 |
| Lease Types: | NNN |
| Last Updated: | 4/20/2024 |
Overview / Comments
|
Merrimack Atlantic Property Group LLC is pleased to offer for lease, two adjacent commercial units at historic 15 Railroad Street. Located conveniently in Downtown Andover, immediately adjacent to the Andover MBTA/MBCR Commuter Rail Station platform, this venerable structure wants to be your office, retail, restaurant, or service business’ next home. This railroad building in Downtown Andover has been reclaimed from the industrial era and deftly converted into commercial space. Unique interiors include reception areas, office lofts, exposed beams, iron fireplaces (non-functional) and an original freight scale that serviced the Boston and Maine Railroad. 15 Railroad Street is located in Andover's burgeoning Historic Mill District, the newest historic district in town. The property lies immediately adjacent to and in front of the in-bound (to Boston) Andover MBTA Commuter Rail Station, providing your business with unparalleled visibility to customers. Across the tracks lies the Town Yard, a Town of Andover redevelopment site where 136 new residential units have been preliminarily approved under the Town's permitting process. These 136 units will add to the over 430 existing multi-family residential units, and many more single-family homes, all within 0.4 miles of this location. Zoning- Mixed Use with Historic Mill District overlay. Electrical- Single Phase at premises. Three Phase on street. Unit 1, ≈1677 Sq. Ft Currently occupied Month to Month, available for Lease. Unit 2 ≈1180 Sq. Ft. vacant and shelled for easy design. Combined, ≈2857 Sq. Ft. |
Expand All Available Space
| Suite: Units 1 & 2 | 2,857 SF | $25 PSF (Annual) NNN |
| Level/Floor: | 1 | |
| Space Available: | 2,857 SF | |
| Minimum Divisible: | 1,180 SF | |
| Lease Rate: |
$25 PSF (Annual) $5,952 (Monthly) |
|
| Lease Type: | NNN | |
| Date Available: | 3/12/2024 | |
| Space Type: | New | |
| Tax Expenses | $27,138 PSF (Annual) | |
Additional Details
| Nearest MSA: | Boston-Cambridge-Newton |
| County: | Essex |
| Tax ID/APN: | 38-1A|1 |
| Zoning: | MIXED USE, HISTORIC MILL DISTRICT OVERLAY |
| Property Visibility: | Good |
| Total Number of Buildings: | 1 |
| Year Built: | 1850 |
| Construction/Siding: | Brick |
| Parking Type: | Surface |
| Parking Description: | Some parking in small lot; ample parking on street (4 hour) |
| Sprinklers: | None |
| Heat Type: | Natural Gas |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,317 | 71,281 | 186,411 |
| Median Age: | 38.36 | 36.25 | 36.73 |
| Households: | 3,703 | 25,587 | 65,603 |
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