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HIGHLIGHTS
- High Visibility
- Many Businesses Within Walking Distance
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 52B | 912 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $27,360 /YR $2,280 /MO | Full Service | ||
| 2nd Floor, Ste 52C | 810 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $24,300 /YR $2,025 /MO | Full Service |
2nd Floor, Ste 52B
IN THE HEART OF DOWNTOWN ANDOVER, enjoy the convenience of two spaces, 912 rsf and 810 rsf of office space, located on the 2nd floor with 4 offices, a reception area, and storage closet. One of the offices has a separate entrance and there are 2 bathrooms in the common area. This is a prime business location with easy highway access, public transportation, foot traffic and many businesses, restaurants and shops in walking distance. DON'T MISS THIS OPPORTUNITY! SCHEDULE A VIEWING TODAY! Heat & A/C available in both units. Comes equipped with 2, secure, handicapped-accessible restrooms as well as a stair lift for accessibility. Located on a highly visible Main Street location. Lease rate does not include utilities, property expenses or building services * Fully Built-Out as Standard Retail Space * Located in-line with other retail * Space is in Excellent Condition * Fully Carpeted * Security System * City views, Central location
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 7 Minute Walk from Andover Station
2nd Floor, Ste 52C
IN THE HEART OF DOWNTOWN ANDOVER, enjoy the convenience of two spaces, 912 rsf and 810 rsf of office space, located on the 2nd floor with 4 offices, a reception area, and storage closet. One of the offices has a separate entrance and there are 2 bathrooms in the common area. This is a prime business location with easy highway access, public transportation, foot traffic and many businesses, restaurants and shops in walking distance. DON'T MISS THIS OPPORTUNITY! SCHEDULE A VIEWING TODAY! Heat & A/C available in both units. Comes equipped with 2, secure, handicapped-accessible restrooms as well as a stair lift for accessibility. Located on a highly visible Main Street location. Lease rate does not include utilities, property expenses or building services * Fully Built-Out as Standard Retail Space * Located in-line with other retail * Space is in Excellent Condition * Fully Carpeted * Security System * City views, Central location
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 7 Minute Walk from Andover Station
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 52 MAIN ST, ANDOVER, MA 01810
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Royal Jewelers Inc
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Royal Jewelers Inc | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,722 SF | Gross Leasable Area | 13,416 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,722 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 13,416 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
Located in the heart of downtown Andover, 52–58 Main Street is a historic Colonial Revival commercial block originally constructed in 1907 as the ARCO Building by the Andover Realty Company. This two-story structure features a mix of retail storefronts on the ground level and professional offices above, accessed via a central entrance at #52. Over the decades, the building has housed a variety of tenants including tailoring shops, pharmacies, and boutiques. Its facade has undergone several renovations, most notably in 1993 when engaged columns were added to create the current classic look that complements the surrounding business district. The space is ideal for legal office, CPA office, Consultation office, local office, away from home office.
- Signalized Intersection
NEARBY MAJOR RETAILERS
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52 Main St
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