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Highlights

  • Stand-alone commercial building with dedicated identity and signage.
  • Digital billboard enhances visibility along a major commercial corridor.
  • Dedicated on-site parking supports employees and visitors.
  • Located along Route 114 near Route 128 and Route 1 access.
  • Configured for office, medical, or retail occupancy.
  • Positioned across from Northshore Mall within an established retail district.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 1,300 SF
  • 5-10 Years
  • $41.53 /SF/YR $3.46 /SF/MO $53,989 /YR $4,499 /MO
  • Office/Medical
  • Full Build-Out
  • Now

A stand-alone, single-tenant building situated on a 7,000 SF lot with 16 dedicated parking spaces. The property features a digital billboard providing additional visibility along this high-traffic corridor. The space is currently built out as a medical office, previously occupied by a med spa, and is well-suited for a variety of uses. Flexible zoning allows for office, medical, or retail operations.

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • 5 Private Offices
  • Hardwood Floors
  • 16 dedicated parking spaces
  • Office, medical, or retail use
  • Fully Built-Out as Standard Office
  • Fits 4 - 11 People
  • Central Air and Heating
  • Wheelchair Accessible
  • Digital billboard visibility
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 1,300 SF 5-10 Years $41.53 /SF/YR $3.46 /SF/MO $53,989 /YR $4,499 /MO Office/Medical Full Build-Out Now

1st Floor

Size
1,300 SF
Term
5-10 Years
Rental Rate
$41.53 /SF/YR $3.46 /SF/MO $53,989 /YR $4,499 /MO
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 1,300 SF
Term 5-10 Years
Rental Rate $41.53 /SF/YR
Space Use Office/Medical
Build-Out Full Build-Out
Available Now

A stand-alone, single-tenant building situated on a 7,000 SF lot with 16 dedicated parking spaces. The property features a digital billboard providing additional visibility along this high-traffic corridor. The space is currently built out as a medical office, previously occupied by a med spa, and is well-suited for a variety of uses. Flexible zoning allows for office, medical, or retail operations.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Fits 4 - 11 People
  • 5 Private Offices
  • Central Air and Heating
  • Hardwood Floors
  • Wheelchair Accessible
  • 16 dedicated parking spaces
  • Digital billboard visibility
  • Office, medical, or retail use

Property Overview

205 Andover Street offers a stand-alone office and medical opportunity along Route 114 in Peabody, one of the North Shore's most established commercial corridors. Positioned near the interchange of Route 128/I-95 and Route 1, the property benefits from regional accessibility throughout Greater Boston and the North Shore. The location sits directly across from Northshore Mall and near major retailers, restaurants, fitness facilities, and business services that support daily employee and customer convenience. The building is currently configured as a fully built-out medical office and can accommodate a variety of office, medical, or retail users. Interior improvements include a reception and waiting area, multiple private offices, storage space, hardwood flooring, central air conditioning and heating, and wheelchair accessibility. A digital billboard provides additional visibility along a heavily traveled commercial corridor, while dedicated on-site parking supports staff and visitor access. Its single-tenant layout allows occupants to control their branding, operations, and customer experience within a standalone environment. The combination of strong roadway exposure, established surrounding commercial activity, and flexible zoning creates an opportunity for professional practices, healthcare providers, service-oriented businesses, and retailers seeking a highly visible North Shore location.

  • Accent Lighting
  • Reception
  • Storage Space
  • Basement
  • Recessed Lighting
  • Air Conditioning

Property Facts

Building Type
Office
Year Built
1983
Building Height
1 Story
Building Size
1,300 SF
Building Class
C
Typical Floor Size
1,300 SF
Parking
10 Surface Parking Spaces

Select Tenants

  • Eliot Sherr
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 39061612

  • Date on Market: 1/13/2026

  • Last Updated:

  • Address: 205 Andover St, Peabody, MA 01960

Contact the Leasing Agent

205 Andover St

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