For Sale
$800,000

133 Main StNorth Andover, MA 01845

Prime Downtown Location, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional North Andover property at 133 Main Street presents a rare investment opportunity. The two-story, 1,964-1,980 square foot building sits on a 0.18-acre lot (7,928 sq ft) and boasts a desirable downtown location in Essex County, MA (zip code 01845). Currently configured as a restaurant with additional office space, this versatile property offers significant income potential. The first floor restaurant space has a potential rental income of $3,500 plus NNN, while the four office units each have a potential rental income of $1,000. The building features frame construction, an asphalt/composition shingle roof, and ample parking for up to 10 vehicles located at the rear of the property. Utilities include public water, public sewer, and natural gas. The property is zoned GB and has a total of four units. Built in 1858, this property offers a blend of historic charm and modern adaptability, making it ideal for a variety of uses. The high-traffic location ensures strong visibility and consistent foot traffic, creating an excellent foundation for a thriving business. This is a unique chance to acquire a well-situated commercial property with multiple income streams in a vibrant community. The property's size and layout provide ample space for creative customization and expansion.

Highlights

  • $800,000 asking price for a mixed-use property.
  • 1,964-1,980 square foot building on a 0.18-acre lot (7,928 SF).
  • Frame construction with an asphalt/composition shingle roof.
  • Located in downtown North Andover, MA, at 133 Main Street (APN: M:00030 B:00041 L:00000).
  • Four units, including restaurant space and office space, with 1-10 parking spaces.
  • Public water, sewer, and natural gas utilities.

Property Details for 133 Main St

Property type
Retail properties, Restaurants
Square Feet
1,964 SF
Buildings
1
Stories
2
Lot Size (sq. ft)
7,841 SF
Units
4

Location Insight

City
North Andover
County
Essex
State
Massachusetts
Latitude
42.6930065
Longitude
-71.1202013
133 Main St, North Andover, Massachusetts

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133 Main St
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