aisellshomes.space

$3,500,000

Active

1538 Turnpike St

North Andover, MA, 01845

Commercial · MLS #73432919

Days on market

New today

Lot size

1.00 ac

1.00 acres

Lot

About this home

Excellent opportunity to acquire a freestanding four-story office building on a prominent acre lot with prime visibility on Route 114 in North Andover. The well-maintained property offers ~60 parking spaces and a flexible layout with two units available for lease—ideal for an owner-occupant or investor. Alternatively, buyers seeking an office condominium can purchase a full floor—approximately 5,000 SF—for $950,000 (see MLS # 73432924). Features include an elevator, three stairwells, restrooms on each level, a welcoming lobby, and separate electric, heat pumps, and AC per unit. Recent upgrades: newer roof, windows, and lighting. Easy access to I-95 and I-495. Seller financing available. Potential conversion to apartments, condos, or office condos requires buyer to conduct their own due diligence.

Location

1538 Turnpike St, North Andover, MA, 01845

Property details

Parking
Paved Driveway, Permeable Pavement

Listed by Team Lillian Montalto · Lillian Montalto Signature Properties

Schedule a showing

1538 Turnpike St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$22,656 / month

Down payment20% · $700,000
Interest rate6.50%

Loan term

Principal & interest
$17,698
Property tax
$3,500
Home insurance
$1,458

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).