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78 Commercial Real Estate Listings in Andover Town, MA

Andover Town, MA Commercial Real Estate

There are currently 78 commercial listings available in Andover Town, MA. These listings include 68 commercial spaces that encompass a total of 889,884 square feet. Available commercial spaces in Andover Town, MA range in size from 279 square feet to 118,567 square feet. A total of 55 off-market commercial properties located in Andover Town, MA are also available for research.

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Andover Town, MA Commercial Inventory Breakdown

In 2021 the Andover Town, MA commercial real estate market totaled 6,619,309 square feet of office spaces, 102,631 square feet of office spaces with retail, and 4,280,420 square feet of industrial space.

Office Spaces

Total: 6,619,309 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 862,541 SqFt 13.03% of total office
100k to 500k SqFt 5,106,768 SqFt 77.15% of total office
500k to 1M SqFt 650,000 SqFt 9.82% of total office
By class:
Class A 1,637,961 SqFt 24.75% of total office
Class B 3,962,998 SqFt 59.87% of total office
Class C 241,350 SqFt 3.65% of total office
Roughly 9.82% of the total office space in Andover Town, MA is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 13.03% of the office inventory.

Class A office space holds a 24.75% share of the overall Andover Town, MA office market, while Class B office assets make up approximately 59.87%.

Industrial

Total: 4,280,420 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 591,613 SqFt 13.82% of total industrial
100k to 500k SqFt 1,721,901 SqFt 40.23% of total industrial
500k to 1M SqFt 591,906 SqFt 13.83% of total industrial
> 1M SqFt 1,375,000 SqFt 32.12% of total industrial
By class:
Class A 677,869 SqFt 15.84% of total industrial
Class B 3,377,651 SqFt 78.91% of total industrial
There are 1,721,901 square feet of commercial real estate properties between 100k to 500k square feet, representing 40.23% of the Andover Town, MA industrial inventory.

Office Spaces with Retail

Total: 102,631 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
100k to 500k SqFt 102,631 SqFt 100% of total office with retail

Andover Demographics

Population

  • Total Population8,914
  • Male Population(46.6 %) 4,155
  • Female Population(53.4 %) 4,759
  • Median Age42.80

Income/Financial

  • Average Household Income$137,232
  • Median Household Income$95,600
  • Median Income 25-44$111,500
  • Median Income 45-64$151,779
  • Median Income Over 65$43,786