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Investment Highlights

  • 30 mins to Boston.
  • North Andover largest employer is Amazon located on Route 125 and employees 1,500.
  • North Andover/Andover is home to Brooks School, Merrimack College and abutting Andover Philips Academy.

Executive Summary

27 Charles Street located in North Andover, MA, Essex County just off Sutton Street and .59 miles to I-495 connecting I-93 and I-95. 30 mins to Boston. Public Transportation by Haverhill/Reading Line of the MBTA Commuter Rail lies (the line actually passes through the town along the Merrimack River. North Andover is also home to the Lawrence Municipal Airport, providing small aircraft service to the region. The nearest national service, at Logan International Airport and Manchester-Boston Regional Airport, is within a thirty-mile ride of the town. North Andover/Andover is home to Brooks School, Merrimack College and abutting Andover Philips Academy. North Andover largest employer is Amazon located on Route 125 and employees 1,500.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
26,700 SF
Building Class
B
Year Built
1995
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,350 SF
Slab To Slab
12’
Building FAR
0.26
Lot Size
2.40 AC
Zoning
IS - Industrial S District Research & Development, Business,Schools,Printing, Public Bldg, Light Manufacturing,Bank, Post Office,Wholesale, Childcare, etc.
Parking
110 Spaces (4.12 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Signage
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Bijan Sadrnoori MD
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Dr. Bijan Sadrnoori is a Massachusetts-based pulmonologist with over five decades of medical experience. He graduated from Tehran University of Medical Sciences in 1967 and completed residencies in internal medicine and pulmonary disease. His practice focuses on treating respiratory conditions like sleep apnea, COPD, and asthma. Dr. Sadrnoori operates multiple offices in the region and maintains affiliations with several hospitals. He holds active medical licenses in multiple states and accepts various insurance plans.

  • Construction
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Power Yoga Evolution brings hot power yoga to Massachusetts, creating a welcoming space for all practitioners. The studio focuses on yoga as a journey of self-discovery rather than competition. Classes cater to various levels with modifications available to accommodate different abilities. The approach combines physical postures with breath work to enhance mental clarity and bodily function. While specific business details remain private, their public philosophy emphasizes community support and yoga's transformative potential.

  • Manchester Walk-In Dental Clinic
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

New England Community Acupuncture offers community-based acupuncture services in Massachusetts. The organization operates on a sliding scale payment system to make treatments accessible to all income levels. This model allows patients to choose what they can afford between $30-$50 per session. The clinics provide a relaxing environment with group treatment settings. Services address both physical and emotional health concerns through traditional Chinese medicine approaches. The organization emphasizes affordability and community wellness over profit maximization.

  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Pro Auto Detailing is a privately held automotive detailing company founded in 2006. Headquartered in North Andover, Massachusetts, the business specializes in high-end detailing services, including paint correction, ceramic coatings, dent repair, and protective film installation. The company serves a wide range of vehicles, from daily drivers to luxury and exotic cars, and emphasizes quality workmanship using premium products and advanced techniques. Pro Auto Detailing operates as a single-location studio and has built a reputation for transparency and customer-focused service. The firm remains independently owned and continues to cater to enthusiasts seeking meticulous care for their vehicles.

  • Construction
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -

Reid Mechanical Corp is a privately held HVAC contractor founded in 1977 and incorporated in Massachusetts in 1989. Headquartered in North Andover, Massachusetts, the company provides heating, ventilation, and air conditioning installation and maintenance services for both residential and commercial clients. Its offerings include air conditioning systems, heating systems, air cleaning systems, humidification systems, and sheet metal fabrication. Reid Mechanical serves customers across Massachusetts and southern New Hampshire, focusing on energy-efficient solutions and preventive maintenance programs. The company remains independently owned and operates as a single-location business with a long-standing reputation in the regional HVAC industry.

  • Sps DW White Joint Venture
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

The Ad King is a privately held promotional products company headquartered in North Andover, Massachusetts. Established in 1925 and incorporated in 1968, the firm specializes in advertising specialties such as branded apparel, drinkware, executive gifts, and event merchandise. The Ad King serves businesses, schools, and organizations seeking cost-effective marketing solutions through customized promotional items. The company operates as a single-location business and remains family-owned, currently managed by members of the MacDonald family. With decades of experience in the promotional products industry, The Ad King partners with thousands of suppliers to offer a wide range of customizable products designed to enhance brand visibility and client engagement.

  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

USA Ninja Challenge began as a Massachusetts-based program blending gymnastics, climbing and obstacle training for children. The company offers structured classes divided into age groups and skill levels, aiming to build physical fitness and mental resilience. Their curriculum includes various activities like swinging, jumping and balancing. USA Ninja Challenge also provides camps and birthday parties. The business has expanded through franchising, with locations now operating nationwide under local ownership. The program focuses on developing children's confidence through progressive skill-building challenges.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Bijan Sadrnoori MD Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Construction 99,999 SF $9.99 Lorem Ipsum Jan 0000
Arts, Entertainment, and Recreation 99,999 SF $9.99 Lorem Ipsum Jan 0000
Manchester Walk-In Dental Clinic Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Construction 99,999 SF $9.99 Lorem Ipsum -
Sps DW White Joint Venture Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Professional, Scientific, and Technical Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Arts, Entertainment, and Recreation 99,999 SF $9.99 Lorem Ipsum Jan 0000
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
NAND-000280-000001-A000000
Land Assessment
$352,800
Improvements Assessment
$1,872,600
Total Assessment
$2,225,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39147054

  • Date on Market: 1/20/2026

  • Last Updated:

  • Address: 27 Charles St, North Andover, MA 01845

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