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1 Elm Sq # 2, Andover MA 01810 - Preview 1 1 Elm Sq # 2, Andover MA 01810 - Preview 2 1 Elm Sq # 2, Andover MA 01810 - Preview 3 1 Elm Sq # 2, Andover MA 01810 - Preview 4 1 Elm Sq # 2, Andover MA 01810 - Preview 5 1 Elm Sq # 2, Andover MA 01810 - Preview 6 1 Elm Sq # 2, Andover MA 01810 - Preview 7 1 Elm Sq # 2, Andover MA 01810 - Preview 8 1 Elm Sq # 2, Andover MA 01810 - Preview 9 1 Elm Sq # 2, Andover MA 01810 - Preview 10 1 Elm Sq # 2, Andover MA 01810 - Preview 11 1 Elm Sq # 2, Andover MA 01810 - Preview 12 1 Elm Sq # 2, Andover MA 01810 - Preview 13 1 Elm Sq # 2, Andover MA 01810 - Preview 14 1 Elm Sq # 2, Andover MA 01810 - Preview 15

1 Elm Sq # 2, Andover MA 01810

Andover, MA 01810
$435,305
Est. $4,383/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2,353
Sq Ft
$185
Price/Sq Ft
0.68
Acres
1966
Year Built
87
Days on Market
For Sale Listed Jul 10, 2026 • MLS# 73548089 Copied! • Updated Oct 5, 2026

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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!

BMN Estimate

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Jul 10, 2026
$435,305
Original listing
Agent: Team Lillian Montalto Office: Lillian Montalto Signature Properties
🏠
Listed for Sale
Jul 10, 2026
$435,305
Original listing
Agent: Team Lillian Montalto Office: Lillian Montalto Signature Properties
🏠
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
For Sale
Year Built
1966
Living Area
2,353 sq ft

Floor Layout

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
104 students Diverse
Diverse Student Body
Grades PK
A
West Elementary School
1.8 mi | #134 of 825 | Score: 57.5
Improved 143 spots from last year
-0.7 below state avg
594 students Diverse
Rising School Strong Attendance
Grades K-05
A+
Henry C Sanborn Elementary School
2.3 mi | #26 of 825 | Score: 64.3
Improved 15 spots from last year
+6.1 above state avg
308 students Diverse
Strong Attendance
Grades K-05
A+
South Elementary School
2.3 mi | #58 of 825 | Score: 61.5
Dropped 8 spots from last year
+3.3 above state avg
420 students Diverse
Strong Attendance
Grades K-05
A+
High Plain Elementary School
3.6 mi | #52 of 825 | Score: 62.3
Improved 47 spots from last year
+4.1 above state avg
500 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
M

Middle Schools

3 schools
A
Doherty Middle School
0.4 mi | #42 of 352 | Score: 58.4
Improved 12 spots from last year
+0.2 above state avg
484 students Moderate
Strong Attendance
Grades 06-08
A
Andover West Middle School
0.6 mi | #52 of 352 | Score: 56.4
Dropped 36 spots from last year
-1.8 below state avg
478 students Diverse
Strong Attendance
Grades 06-08
A
Wood Hill Middle School
4.0 mi | #69 of 352 | Score: 53.5
Dropped 38 spots from last year
-4.7 below state avg
336 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: 72.9
Improved 10 spots from last year
+14.7 above state avg
1,578 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 | #137 of 346 | Score: 57.4
Improved 51 spots from last year
-0.9 below state avg
1,893 students Moderate
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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

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$0/mo
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Current Rate
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+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 Oct 5, 2026 1:37 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
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