26 Essex, Andover, MA 01810

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Building Details:

• Year Built: 1900

26 Essex is located in Andover, MA.

Multi-Tenant Income Property For Sale and For Lease with superior financial indicators. Analysis indicates w 10% V=C loss BT-Cash on Cash Return 18.68%, DSCR 1.82, Cap Rate 8.88% Ideal 8479 SF Professional Office building with off street parking. Mass Transit train to Boston in immediate area, ideal for owner operator. Owner space now available approximately 3,500 SF. Survey of recent sold properties suggested good sale price history. Current offering of ground floor space with off street parking with suggested market lease rates range from $14 - $16 p/SF. This is a unique opportunity to own/lease in Andover's village location close to restaurants, shopping and convenient to all area attractions and highway mass transit systems.