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191 Chandler Rd - Andover Office Condo - Zoned ID 3,899 SF Office Condo Unit Offered at $695,000 in Andover, MA 01810



Investment Highlights
- Real Estate Taxes (2025): $10,677
- Condo Fee (2025): $1,000/Month
Executive Summary
191 Chandler Road, Unit B in Andover, MA is a 3,899 SF two-story office condominium offering a rare combination of strategic location, modern systems, and flexible layout. Situated in a two-unit brick veneer complex with visibility from I-93, the property is ideally suited for professional uses. Built circa 1970 and extensively updated, the space includes four half bathrooms, multiple private offices, meeting and therapy rooms, and a large open area—allowing for a variety of configurations.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Sale Conditions | High Vacancy Property |
| Sale Type | Owner User |
| Sale Conditions | High Vacancy Property |
Description
Located at 191 Chandler Road, Unit B in Andover, MA, this professional office condo offers exceptional regional access and visibility. Just minutes from I-93, the property connects directly to Boston (25 miles south) and Southern New Hampshire (10 miles north). Logan International Airport is under 30 minutes away, while Manchester-Boston Regional Airport is approximately 35 minutes. The Andover MBTA commuter rail station is just 3 miles away, offering direct service to Boston’s North Station. Surrounded by major employers such as Raytheon, Pfizer, and Schneider Electric, the location is ideal for businesses seeking a prestigious Merrimack Valley address. Nearby retail options include Whole Foods, The Loop, Andover Village Square, and numerous dining and fitness amenities. This location blends accessibility, corporate presence, and suburban convenience—perfect for professional services, medical, or financial tenants seeking a strategic and high-demand office setting.
Sale Notes
191 Chandler Road, Unit B in Andover, MA is a 3,899 SF two-story office condominium offering a rare combination of strategic location, modern systems, and flexible layout. Situated in a two-unit brick veneer complex with visibility from I-93, the property is ideally suited for professional uses. Built circa 1970 and extensively updated, the space includes four half bathrooms, multiple private offices, meeting and therapy rooms, and a large open area—allowing for a variety of configurations.
Recent upgrades include a new propane heating system (2020), mini-split AC/heat on the second floor, tankless hot water, LED lighting, updated fire alarm wiring, and a roof replacement in 2021. Ample parking is provided in a shared lot, and condo fees cover snow removal, trash, and landscaping. Zoned ID (Industrial D), this property offers both functionality and visibility, making it a compelling option for owner-users or investors seeking quality space in the Merrimack Valley.
Recent upgrades include a new propane heating system (2020), mini-split AC/heat on the second floor, tankless hot water, LED lighting, updated fire alarm wiring, and a roof replacement in 2021. Ample parking is provided in a shared lot, and condo fees cover snow removal, trash, and landscaping. Zoned ID (Industrial D), this property offers both functionality and visibility, making it a compelling option for owner-users or investors seeking quality space in the Merrimack Valley.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 3,899 SF | Office | $695,000 ($178.25/SF) | - |
Unit 1
| Unit Size |
| 3,899 SF |
| Condo Use |
| Office |
| Price |
| $695,000 ($178.25/SF) |
| NOI |
| - |
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Unit 1
| Unit Size | 3,899 SF |
| Condo Use | Office |
| Price | $695,000 ($178.25/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Conditions | High Vacancy Property |
| Description | |
| Located at 191 Chandler Road, Unit B in Andover, MA, this professional office condo offers exceptional regional access and visibility. Just minutes from I-93, the property connects directly to Boston (25 miles south) and Southern New Hampshire (10 miles north). Logan International Airport is under 30 minutes away, while Manchester-Boston Regional Airport is approximately 35 minutes. The Andover MBTA commuter rail station is just 3 miles away, offering direct service to Boston’s North Station. Surrounded by major employers such as Raytheon, Pfizer, and Schneider Electric, the location is ideal for businesses seeking a prestigious Merrimack Valley address. Nearby retail options include Whole Foods, The Loop, Andover Village Square, and numerous dining and fitness amenities. This location blends accessibility, corporate presence, and suburban convenience—perfect for professional services, medical, or financial tenants seeking a strategic and high-demand office setting.</li></ul> | |
| Sale Notes | |
| 191 Chandler Road, Unit B in Andover, MA is a 3,899 SF two-story office condominium offering a rare combination of strategic location, modern systems, and flexible layout. Situated in a two-unit brick veneer complex with visibility from I-93, the property is ideally suited for professional uses. Built circa 1970 and extensively updated, the space includes four half bathrooms, multiple private offices, meeting and therapy rooms, and a large open area—allowing for a variety of configurations.<br> <br> Recent upgrades include a new propane heating system (2020), mini-split AC/heat on the second floor, tankless hot water, LED lighting, updated fire alarm wiring, and a roof replacement in 2021. Ample parking is provided in a shared lot, and condo fees cover snow removal, trash, and landscaping. Zoned ID (Industrial D), this property offers both functionality and visibility, making it a compelling option for owner-users or investors seeking quality space in the Merrimack Valley.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 3,899 SF | Typical Floor Size | 3,899 SF |
| Property Type | Year Built | 1970 | |
| Building Class | C | Lot Size | 0.80 AC |
| Floors | 2 | Parking Ratio | 6.67/1,000 SF |
| Zoning | Industrial D - ID | ||
| Total Building Size | 3,899 SF |
| Property Type | |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 3,899 SF |
| Year Built | 1970 |
| Lot Size | 0.80 AC |
| Parking Ratio | 6.67/1,000 SF |
| Zoning | Industrial D - ID |
Amenities
- Central Heating
- Fully Carpeted
- Natural Light
- Wi-Fi
- Air Conditioning
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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191 Chandler Rd - Andover Office Condo - Zoned ID
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