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$3,500,000

1538 Turnpike St, North Andover MA 01845
North Andover, MA 01845
Listed by Team Lillian Montalto
Bedrooms
N/A
Bathrooms
N/A
Living area
20,294 sqft
Year built
1986

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.

Property details

MLS #
73432919
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
1 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Annie L Sargent School
2.12 mi away · Grades 1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
466
Student:teacher ratio
15.5:1
District
North Andover
Middle
Doherty Middle
2.82 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
455
Student:teacher ratio
9.5:1
District
Andover
High
Andover High
3.85 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,679
Student:teacher ratio
13.1:1
District
Andover

Mortgage calculator

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Est. monthly payment
$21,227/mo
$700,000 down
$2,800,000 loan
Principal & interest$18,161
Property tax (est.)$2,917
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 4, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.