North Andover, MA Commercial Real Estate for Lease and Sale

Explore 14 listings of North Andover commercial real estate to find the best space for your business.

Former Petco

790 Waverly Road, North Andover, MA
Property

Retail

25,745 SF
Availability

1 Space

11,084 SF
For Lease Contact for pricing
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400 Osgood St

400 Osgood St, North Andover, MA
Property

Office

24,000 SF
Availability

1 Space

18,000 SF
Year Built

1970
For Lease Contact for pricing
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146 Main St # 1

146 Main St # 1, North Andover, MA
Property

Office

1,072 SF
Availability

1 Space

1,364 SF
Year Built

1930
For Lease

$18.50/SF/YR
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1007 Osgood Street

1007 Osgood Street , North Andover, MA
Property

Office

15,228 SF
For Sale

Subject to Offer
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630 Turnpike St

630 Turnpike St, North Andover, MA
Property

Office

7,308 SF
Availability

1 Space

1,250 SF
Year Built

1981
For Lease

$22.08/SF/YR
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North Andover Office Park

451 Andover St, North Andover, MA
Property

Office
Availability

1 Space

1,048 SF
Year Built

1972
For Lease

$22.95/SF/YR
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North Andover Office Park

203 Turnpike Street, North Andover, MA
Property

Office

100,000 SF
Availability

1 Space

4,600 SF
Year Built

1975
For Lease

$22.00/SF/YR
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1429 Osgood St

1429 Osgood St, North Andover, MA
Property

Industrial

21,060 SF
Availability

1 Space

7,000 SF
Year Built

1970
For Lease

$14.00 - $16.00/SF/YR
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The Willows Professional Park

789 Turnpike Street, North Andover, MA
Property

Office

42,660 SF
Availability

2 Spaces

2,160 SF
Year Built

1986
For Lease

$1,395.00/MO
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800 Turnpike Street
Jefferson Workspace
800 Turnpike Street #300, North Andover, MA
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Fax services

High-speed wifi

Office furniture

Parking

Printer

Professional & social events

Receptionist/Secretarial services
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149 Main St

149 Main St, North Andover, MA
Property

Retail

3,477 SF
Availability

4 Spaces

7,330 SF
Year Built

2024
For Lease Contact for pricing
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565 Turnpike Street
My Smart Space
565 Turnpike Street #84, North Andover, MA
Services

Virtual Office

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Fax services

High-speed internet

High-speed wifi

Kitchen

Mail services

Parking

Printer
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451 Andover Street

451 Andover Street, North Andover, MA
Property

Retail

4,600 SF
For Sale

$1,100,000
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49 Orchard Hill Rd

49 Orchard Hill Rd, North Andover, MA
Property

Industrial

28,800 SF
Year Built

1999
For Sale

$4,325,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The North Andover commercial real estate market incorporates 190,268 square feet of office space across 5 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The North Andover commercial real estate market includes 33,822 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the North Andover market, there is a total of 49,860 square feet of industrial property.

The listing inventory in North Andover incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in North Andover is represented by Office space, which accounts for 28,422 square feet of available listings. Retail space available in North Andover adds up to 18,414 square feet.

Meanwhile, most of the listings of commercial property for sale in North Andover are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in North Andover, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $22.08 per square foot.

The average size of a commercial property in North Andover depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In North Andover, the average size of an office property is 31,712 square feet.
Retail properties here incorporate an average of 11,274 square feet.
Industrial space in North Andover is in buildings that are, on average 24,930 square feet in size.

North Andover, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in North Andover currently add up to 53,836 square feet. The market offers 6 active office listing(s), which amount to 28,422 square feet and account for 54% of commercial spaces on the market. Local retail availability includes 18,414 square feet across 3 retail space(s). Industrial space for rent opportunities in North Andover amount to 7,000 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	6	28,422
Retail	3	18,414
Industrial	2	7,000

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in North Andover, MA. Currently, there is 48,628 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	15,228
Retail	1	4,600
Industrial	1	28,800

North Andover, MA Commercial Real Estate for Lease and Sale

Former Petco

400 Osgood St

146 Main St # 1

1007 Osgood Street

630 Turnpike St

North Andover Office Park

North Andover Office Park

1429 Osgood St

The Willows Professional Park

800 Turnpike Street

149 Main St

565 Turnpike Street

451 Andover Street

49 Orchard Hill Rd

Frequently Asked Questions

North Andover, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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North Andover, MA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in North Andover, MA?

What factors affect the price of commercial real estate in North Andover, MA?

What are the best areas for commercial real estate in North Andover, MA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in North Andover, MA?

North Andover, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us