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1 Elm Sq # 2, Andover MA 01810

Andover, MA 01810
$435,305
Est. $4,383/month
2,353
Sq Ft
$185
Price/Sq Ft
0.68
Acres
1966
Year Built
18 hours 8 minutes
Time on Market
Active Listed Jul 10, 2026 • MLS# 73548089 Copied! • Updated Jul 10, 2026

About this home

TOTALLY RENOVATED, PRIME DOWNTOWN ANDOVER COMMERCIAL SPACE! Exceptional opportunity to establish your business in the heart of vibrant downtown Andover. Located at 1 Elm Square, this highly visible commercial space offers a flexible floor plan, 2 off-street parking spaces, and excellent exposure with strong pedestrian and vehicle traffic, surrounded by popular restaurants, retail shops, professional offices, and local amenities. Conveniently positioned near major routes and the commuter rail, this location provides outstanding accessibility for clients, customers, and employees alike. An ideal setting for a variety of professional, retail, or service-based businesses. DON’T MISS THIS RARE OPPORTUNITY TO SECURE SPACE IN ONE OF ANDOVER’S MOST SOUGHT-AFTER COMMERCIAL LOCATIONS!

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Property History

Property Timeline

🏠
Listed for Sale
Jul 10, 2026
$435,305
Original listing
Agent: Team Lillian Montalto Office: Lillian Montalto Signature Properties

Tax History

Year Taxes Assessment
2025 $10,128

Financial Details

Annual Property Tax
$10,128
Tax Year 2025
HOA Fee
$1,138
Per month

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1966
Living Area 2,353 sq ft
Lot Size 0.68 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $10,128
HOA Yes
HOA Fee $1,138
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Broker Is Not Responsible For Discrepancies In Square Footage. Buyer Responsible For Own Due Diligence. Condo Fee Is $1, 138 Per Month. Special Assessment Is $345.11 Per Month.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
Commercial Sale
Year Built
1966
Living Area
2,353 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1966
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Andover School District local
A+
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.1% In-School
5.1% below state avg
E

Elementary Schools

10 schools
Saint Augustine School
0.3 mi
Grades PK-08
The Pike School Inc
1.9 mi
Grades PK-09
Andover School of Montessori
2.6 mi
Grades PK-08
Anderson School
2.9 mi
Grades PK-07
Melmark New England School
5.5 mi
Grades PK-12
Shawsheen School
1.8 mi
85 students Diverse
Grades PK
A
West Elementary School
1.8 mi | #138 of 824 | Score: 57.4
Improved 139 spots from last year
-0.8 below state avg
605 students Diverse
Rising School
Grades K-05
A+
Henry C Sanborn Elementary School
2.3 mi | #27 of 824 | Score: 64.1
Improved 14 spots from last year
+5.9 above state avg
332 students Diverse
Strong Attendance
Grades K-05
A+
South Elementary School
2.3 mi | #58 of 824 | Score: 61.7
Dropped 8 spots from last year
+3.5 above state avg
438 students Diverse
Strong Attendance
Grades K-05
A+
High Plain Elementary School
3.6 mi | #49 of 824 | Score: 62.4
Improved 50 spots from last year
+4.2 above state avg
505 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

3 schools
A
Doherty Middle School
0.4 mi | #41 of 352 | Score: 58.5
Improved 13 spots from last year
+0.3 above state avg
493 students Moderate
Strong Attendance
Grades 06-08
A
Andover West Middle School
0.6 mi | #49 of 352 | Score: 57.0
Dropped 33 spots from last year
-1.2 below state avg
508 students Diverse
Grades 06-08
A
Wood Hill Middle School
4.0 mi | #69 of 352 | Score: 53.8
Dropped 38 spots from last year
-4.5 below state avg
317 students Diverse
Diverse Student Body Strong Attendance
Grades 06-08
H

High Schools

3 schools
Phillips Academy
0.7 mi
Grades 09-12
A+
Andover High School
0.8 mi | #24 of 346 | Score: 72.8
Improved 10 spots from last year
+14.6 above state avg
1,609 students Diverse
20 sports • 2,968 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
B+
Greater Lawrence Regional Vocational Technical School
4.0 mi | #140 of 346 | Score: 56.5
Improved 48 spots from last year
-1.7 below state avg
1,837 students Moderate
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $844
Homeowners Insurance $200
HOA Fee $1,138/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1 Elm Sq # 2, Andover MA 01810

Andover, MA 01810

Listing Information

Listing Agent Team Lillian Montalto
Listing Office Lillian Montalto Signature Properties
Office Phone 978-475-1400
Agent MLS ID TM338007
Office MLS ID G62122
Listing Data Updated Jul 10, 2026 4:00 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

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BMN Boston Real Estate

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