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560 S Main St 9,010 SF Retail Building Andover, MA 01810 $7,328,580 CAD ($813.38 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Busy intersection with excellent visibility
  • Direct Frontage with signage opportunity
  • Route 28 - 21,000 ADT and Route 125 - 15,000 ADT
  • Strategically positioned for maximum exposure

EXECUTIVE SUMMARY

Situated on Route 28 at the intersection of Route 125, with convenient access to I-93 and I-495, 560 South Main Street offers a 9,010 sq/ft commercial building on 1.46 acres, ideally suited for restaurant operators, retail users, or mixed-use redevelopment. The property enjoys easy access from both northbound and southbound traffic, enhancing visibility and customer convenience. Alternative NNN, gross or ground lease options are welcome.
Built in 2008, the property has long served as the home of Tokyo Steakhouse, a well-established hibachi and sushi restaurant that has drawn steady customer traffic for years. Its proven success at this location underscores the strength of the site, with excellent visibility, high daily traffic counts, and close proximity to both residential neighborhoods and business districts. Whether continuing its tradition as a dining destination or repositioning the site for alternative commercial use, 560 South Main Street presents a rare opportunity in Andover’s thriving commercial corridor.
3d tour here - https://listing3d.com/embed/r0d939a9d7bf14fb6bd95803efcbd400b

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,010 SF
Building Class
B
Year Built
1965
Price
$7,328,580 CAD
Price Per SF
$813.38 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
1.46 AC
Zoning
SRC, Andover - a specific type of single-family residential district that includes regulations on housing, particularly for accessory dwelling units (ADUs)
Parking
100 Spaces (11.1 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 9,010 SF
  • Restaurant
  • Outparcel
  • 60 Days

Situated on Route 28 at the intersection of Route 125, with convenient access to I-93 and I-495, 560 South Main Street offers a 9,010 sq/ft commercial building on 1.46 acres, ideally suited for restaurant operators, retail users, or mixed-use redevelopment. The property enjoys easy access from both northbound and southbound traffic, enhancing visibility and customer convenience. Built in 2008, the property has long served as the home of Tokyo Steakhouse, a well-established hibachi and sushi restaurant that has drawn steady customer traffic for years. Its proven success at this location underscores the strength of the site, with excellent visibility, high daily traffic counts, and close proximity to both residential neighborhoods and business districts. Whether continuing its tradition as a dining destination or repositioning the site for alternative commercial use, 560 South Main Street presents a rare opportunity in Andover’s thriving commercial corridor. 3d tour here - https://listing3d.com/embed/r0d939a9d7bf14fb6bd95803efcbd400b

Space Size Space Use Position Available
1st Floor 9,010 SF Restaurant Outparcel 60 Days

1st Floor

Size
9,010 SF
Space Use
Restaurant
Position
Outparcel
Available
60 Days

1st Floor

Size 9,010 SF
Space Use Restaurant
Position Outparcel
Available 60 Days

Situated on Route 28 at the intersection of Route 125, with convenient access to I-93 and I-495, 560 South Main Street offers a 9,010 sq/ft commercial building on 1.46 acres, ideally suited for restaurant operators, retail users, or mixed-use redevelopment. The property enjoys easy access from both northbound and southbound traffic, enhancing visibility and customer convenience. Built in 2008, the property has long served as the home of Tokyo Steakhouse, a well-established hibachi and sushi restaurant that has drawn steady customer traffic for years. Its proven success at this location underscores the strength of the site, with excellent visibility, high daily traffic counts, and close proximity to both residential neighborhoods and business districts. Whether continuing its tradition as a dining destination or repositioning the site for alternative commercial use, 560 South Main Street presents a rare opportunity in Andover’s thriving commercial corridor. 3d tour here - https://listing3d.com/embed/r0d939a9d7bf14fb6bd95803efcbd400b

NEARBY MAJOR RETAILERS

Orangetheory Fitness
Stretch Lab
Starbucks
Stop & Shop

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
ANDO-000085-000019-A000000
Land Assessment
$1,061,632 CAD
Improvements Assessment
$2,672,583 CAD
Total Assessment
$3,734,216 CAD
  • Listing ID: 37523833

  • Date on Market: 2025-09-03

  • Last Updated:

  • Address: 560 S Main St, Andover, MA 01810

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