Overview Property Details Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Expired

One Iconic Property, Andover MA 01810

Commercial Sale

Iconic, imposing, four-story building in the heart of the business & entertainment district in a thriving downtown in this Essex County, MA city for sale. This is a significant piece of commercial real estate that has been home to a very successful, popular restaurant and lounge for many years. This magnificent turn-of-the-century building, a wood frame structure with a brick exterior and granite block facade, may currently be underutilized and can possibly be developed into a mixed-use showpiece, with offices or residences on the upper floors. The elevator runs to all four above-grade floors, and there is a full basement, included in the 17,300 square footage. Possibilities exist to redevelop this landmark into various uses by right or special permit. Specific information was obtained from public records and from the seller, prospective buyers are encouraged to perform due diligence as to material facts and suitability for their intended purpose.

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 2:07am (Source: MLS PIN #73030396)

General Information for One Iconic Property, Andover MA 01810

Listing ID73030396

Property TypeCommercial Sale / Commercial

Price$2,000,000

Style

CityAndover

CountyEssex

Neighborhood(s)

ZoningC

Year Built1900

Disclosures for One Iconic Property, Andover MA 01810

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsPersonal Belongings

Buyer Agent Compensation2.25

Facilitator Compensation2.0

Compensation Based On

Contact Information for One Iconic Property, Andover MA 01810

Agent

Name: Faulkner Commercial Group

Office

Name: Keller Williams Realty

Phone: 978-475-2111

Exclusive Listing Agent

Keller Williams Realty

Faulkner Commercial Group

Agent Phone

Office Phone

(978) 475-2111

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.12 acres (5,197 SqFt)
    [add_date] => 2024-05-07 02:07:37
    [address] => Iconic Property
    [agent] => Array
        (
            [address] => 
            [city] => 
            [id] => TM200171
            [name] => Faulkner Commercial Group
            [national_association] => 
            [office] => G95022
            [state] => 
            [zip] => 
        )

[apod_available] => Array
        (
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 17300
    [approx_lot_size_acres] => 0.12
    [approx_lot_size_sqft] => 5197
    [assessed_value] => $0
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
        )

[bathrooms] => 
    [bedrooms] => 0
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2.25
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => Commercial
        )

[c_type] => Array
        (
            [0] => Commercial Sale
        )

[cap_rate] => 
    [city] => Andover
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Iconic, imposing, four-story building in the heart of the business & entertainment district in a thriving downtown in this Essex County, MA city for sale. This is a significant piece of commercial real estate that has been home to a very successful, popular restaurant and lounge for many years. This magnificent turn-of-the-century building, a wood frame structure with a brick exterior and granite block facade,  may currently be underutilized and can possibly be developed into a mixed-use showpiece, with offices or residences on the upper floors. The elevator runs to all four above-grade floors, and there is a full basement, included in the 17,300 square footage. Possibilities exist to redevelop this landmark into various uses by right or special permit. Specific information was obtained from public records and from the seller, prospective buyers are encouraged to perform due diligence as to material facts and suitability for their intended purpose.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Personal Belongings
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 2.0
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 02:07:37
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73030396
    [neighborhoods] => 
    [net_income_calc] => -19805
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 
    [office] => Array
        (
            [id] => G95022
            [name] => Keller Williams Realty
            [phone] => 978-475-2111
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 2000000
    [price_per_sqft] => 0
    [price_per_unit] => 2000000
    [private_pool] => 
    [property_sub_type] => Array
        (
        )

[real_estate_tax] => 19805
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 0
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Expired
        )

[street_number] => One
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 19805
    [total_gross_income] => 0
    [total_parking] => 0
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 
    [unit_1_bedrooms] => 
    [unit_1_floor] => 
    [unit_1_lease] => Array
        (
        )

[unit_1_levels] => 
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 
    [unit_2_bedrooms] => 
    [unit_2_floor] => 
    [unit_2_lease] => Array
        (
        )

[unit_2_levels] => 
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => One Iconic Property, Andover MA 01810
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
        )

[year_built] => 1900
    [year_built_details] => 
    [year_built_source] => 
    [year_renovated] => 
    [zip] => 01810
    [zips] => 
    [zoning] => C
    [zoning_details] => Legal Conforming
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/331971/MLS1.jpg
        )

[raw] => 
)

EXIT