191 Chandler Rd
Andover, MA 01810 Andover

• Unit Size: 3,899 SF
• Condo Use: Office
• Price: $629,000 USD
• Sale Type: Owner User
• Price/SF: $161.32 USD

Description

Located at 191 Chandler Road, Unit B in Andover, MA, this professional office condo offers exceptional regional access and visibility. Just minutes from I-93, the property connects directly to Boston (25 miles south) and Southern New Hampshire (10 miles north). Logan International Airport is under 30 minutes away, while Manchester-Boston Regional Airport is approximately 35 minutes. The Andover MBTA commuter rail station is just 3 miles away, offering direct service to Boston’s North Station. Surrounded by major employers such as Raytheon, Pfizer, and Schneider Electric, the location is ideal for businesses seeking a prestigious Merrimack Valley address. Nearby retail options include Whole Foods, The Loop, Andover Village Square, and numerous dining and fitness amenities. This location blends accessibility, corporate presence, and suburban convenience—perfect for professional services, medical, or financial tenants seeking a strategic and high-demand office setting.

Sale Notes

191 Chandler Road, Unit B is a fully built-out, two-story office condominium situated in Andover's ID (Institutional/Industrial) zoning district — one of the most versatile designations in the Merrimack Valley, permitting medical offices, behavioral health and therapy practices, outpatient clinics, professional services, and light R&D by right. Priced at $161/SF, this turnkey asset is available well below replacement cost for a fully improved professional suite.

Extensively renovated and move-in ready, the space features multiple private offices, dedicated therapy and meeting rooms, a large open-plan area, and four half-bathrooms — a buildout that would cost $150,000+ to replicate from shell condition. With direct I-93 visibility and immediate access to the Andover/I-93 professional corridor, the property offers the brand exposure and accessibility that client-facing businesses demand.

Owner-users may qualify for SBA 504 financing with as little as 10% down, with monthly payments frequently comparable to current market lease rates.