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191 Chandler Rd - 191 Chandler Road, Unit B | Andover, MA 01810 3,899 SF Office Condo Unit Offered at $873,807 CAD in Andover, MA 01810
Investment Highlights
- Real Estate Taxes (2025): $10,677
- 3,899 SF | Two-Story Office Condominium
- Multiple Private Offices | Therapy & Meeting Rooms | 4 Half-Baths
- Condo Fee (2025): $1,000/Month
- Zoning: ID — Medical, Behavioral Health, Professional Services & R&D Permitted by Right
- Direct I-93 Visibility | Andover/I-93 Professional Corridor
Data Room Click Here to Access
- Miscellaneous
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Sale Conditions | High Vacancy Property |
| Sale Type | Owner User |
| Sale Conditions | High Vacancy Property |
Description
Located at 191 Chandler Road, Unit B in Andover, MA, this professional office condo offers exceptional regional access and visibility. Just minutes from I-93, the property connects directly to Boston (25 miles south) and Southern New Hampshire (10 miles north). Logan International Airport is under 30 minutes away, while Manchester-Boston Regional Airport is approximately 35 minutes. The Andover MBTA commuter rail station is just 3 miles away, offering direct service to Boston’s North Station. Surrounded by major employers such as Raytheon, Pfizer, and Schneider Electric, the location is ideal for businesses seeking a prestigious Merrimack Valley address. Nearby retail options include Whole Foods, The Loop, Andover Village Square, and numerous dining and fitness amenities. This location blends accessibility, corporate presence, and suburban convenience—perfect for professional services, medical, or financial tenants seeking a strategic and high-demand office setting.
Sale Notes
191 Chandler Road, Unit B is a fully built-out, two-story office condominium situated in Andover's ID (Institutional/Industrial) zoning district — one of the most versatile designations in the Merrimack Valley, permitting medical offices, behavioral health and therapy practices, outpatient clinics, professional services, and light R&D by right. Priced at $161/SF, this turnkey asset is available well below replacement cost for a fully improved professional suite.
Extensively renovated and move-in ready, the space features multiple private offices, dedicated therapy and meeting rooms, a large open-plan area, and four half-bathrooms — a buildout that would cost $150,000+ to replicate from shell condition. With direct I-93 visibility and immediate access to the Andover/I-93 professional corridor, the property offers the brand exposure and accessibility that client-facing businesses demand.
Owner-users may qualify for SBA 504 financing with as little as 10% down, with monthly payments frequently comparable to current market lease rates.
Extensively renovated and move-in ready, the space features multiple private offices, dedicated therapy and meeting rooms, a large open-plan area, and four half-bathrooms — a buildout that would cost $150,000+ to replicate from shell condition. With direct I-93 visibility and immediate access to the Andover/I-93 professional corridor, the property offers the brand exposure and accessibility that client-facing businesses demand.
Owner-users may qualify for SBA 504 financing with as little as 10% down, with monthly payments frequently comparable to current market lease rates.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 3,899 SF | Office | $873,807 CAD ($224.11 CAD/SF) | - |
Unit 1
| Unit Size |
| 3,899 SF |
| Condo Use |
| Office |
| Price |
| $873,807 CAD ($224.11 CAD/SF) |
| NOI |
| - |
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Unit 1
| Unit Size | 3,899 SF |
| Condo Use | Office |
| Price | $873,807 CAD ($224.11 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Conditions | High Vacancy Property |
| Description | |
| Located at 191 Chandler Road, Unit B in Andover, MA, this professional office condo offers exceptional regional access and visibility. Just minutes from I-93, the property connects directly to Boston (25 miles south) and Southern New Hampshire (10 miles north). Logan International Airport is under 30 minutes away, while Manchester-Boston Regional Airport is approximately 35 minutes. The Andover MBTA commuter rail station is just 3 miles away, offering direct service to Boston’s North Station. Surrounded by major employers such as Raytheon, Pfizer, and Schneider Electric, the location is ideal for businesses seeking a prestigious Merrimack Valley address. Nearby retail options include Whole Foods, The Loop, Andover Village Square, and numerous dining and fitness amenities. This location blends accessibility, corporate presence, and suburban convenience—perfect for professional services, medical, or financial tenants seeking a strategic and high-demand office setting.</li></ul> | |
| Sale Notes | |
| 191 Chandler Road, Unit B is a fully built-out, two-story office condominium situated in Andover's ID (Institutional/Industrial) zoning district — one of the most versatile designations in the Merrimack Valley, permitting medical offices, behavioral health and therapy practices, outpatient clinics, professional services, and light R&D by right. Priced at $161/SF, this turnkey asset is available well below replacement cost for a fully improved professional suite.<br> <br> Extensively renovated and move-in ready, the space features multiple private offices, dedicated therapy and meeting rooms, a large open-plan area, and four half-bathrooms — a buildout that would cost $150,000+ to replicate from shell condition. With direct I-93 visibility and immediate access to the Andover/I-93 professional corridor, the property offers the brand exposure and accessibility that client-facing businesses demand.<br> <br> Owner-users may qualify for SBA 504 financing with as little as 10% down, with monthly payments frequently comparable to current market lease rates.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 3,899 SF | Typical Floor Size | 3,899 SF |
| Property Type | Year Built | 1970 | |
| Building Class | C | Lot Size | 0.80 AC |
| Floors | 2 | Parking Ratio | 6.67/1,000 SF |
| Zoning | Industrial D - ID | ||
| Total Building Size | 3,899 SF |
| Property Type | |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 3,899 SF |
| Year Built | 1970 |
| Lot Size | 0.80 AC |
| Parking Ratio | 6.67/1,000 SF |
| Zoning | Industrial D - ID |
Amenities
- Central Heating
- Fully Carpeted
- Natural Light
- Wi-Fi
- Air Conditioning
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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191 Chandler Rd - 191 Chandler Road, Unit B | Andover, MA 01810
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