280 Merrimack StLawrence, MA 01843

  • Industrial properties
  • 360,198 SF
For Lease
$192/SF/YR View listing

Property Details for 280 Merrimack St

Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.81 AC
Property size (Sq ft)
360,198 SF
Property type
Industrial properties
APN
LAWR M:0065 B:0000 L:0012
APU
LAWRM0065B0000L0012

Description

This exceptional Andover, MA office building at 280 Merrimack Street offers a variety of flexible lease terms for first-class office suites ranging from 1,500 to 11,672 square feet. Located in the vibrant Riverwalk Innovation District, this Class B building provides a unique blend of work and lifestyle amenities. The six-story building, originally constructed in 1900 and extensively renovated in 2012, boasts a total of 400,000 square feet, with 58,857 square feet currently available for lease. The property offers a convenient single-tenant occupancy option, ideal for businesses seeking a dedicated space. With ample parking (1230 spaces), convenient access to major roadways (Routes 495, 93, and 95), and proximity to the Lawrence MBTA Commuter Rail Station, commuting is a breeze. The building's location within the mixed-use Riverwalk campus provides immediate access to on-site amenities including restaurants, banks, a daycare center, and function space, creating a truly integrated live-work-play environment. This is an unparalleled opportunity to establish your business in a thriving and convenient location. The building caters to various office needs, including traditional office spaces, creative office layouts, coworking setups, and executive office suites. Contact us today to explore leasing options and discover the perfect space for your business growth.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $68,163,552
    Hospitality
    $62,437,444
    Educational
    $51,947,220
    Medical
    $53,733,768
    Retail
    $80,806,792

Location Insight

City
Lawrence
County
Essex
State
Massachusetts
Latitude
42.7031
Longitude
-71.1484
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$298,875
$446,900
$14,982,900
$15,429,800
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FAQs

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