560 S Main St, Andover MA 01810

Andover, MA 01810
$5,500,000
$5,250,000
Est. $32,568/month
1.46
Acres
2008
Year Built
300
Days on Market
Active Price Drop -$250,000 Listed Oct 7, 2025 • MLS# 73440386 Copied! • Updated Jul 27, 2026

About this home

Situated on Route 28 at the intersection of Route 125, with convenient access to I-93 and I-495, 560 S Main Street st offers a 9,010 sq/ft commercial building on 1.46 acres, with 100 marked parking spaces that is ideally suited for restaurant operators, retail users, or mixed-use redevelopment. Built in 2008, the property has long served as the home of Tokyo Steakhouse, a well-established hibachi and sushi restaurant that has drawn steady customer traffic for years. Its proven success at this location underscores the strength of the site, with excellent visibility, high daily traffic counts, and close proximity to both residential neighborhoods and business districts. Whether continuing its tradition as a dining destination or repositioning the site for alternative commercial use, 560 South Main st presents a rare opportunity in Andover’s thriving commercial corridor. Leasing options are welcome in addition to a sale.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Oct 7, 2025
$5,250,000
Original listing

Tax History

Year Taxes Assessment
2025 $69,860

Financial Details

Annual Property Tax
$69,860
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 2008
Lot Size 1.46 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 $69,860
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
Commercial Sale
Year Built
2008

Floor Layout

Interior Features

Flooring:
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Construction & Materials

Year Built: 2008
Structure Type:
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Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
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Exterior & Lot

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Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

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 $5,822
Homeowners Insurance $200
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
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

560 S Main St, Andover MA 01810

Andover, MA 01810

Listing Information

Listing Agent Fred Hoang
Listing Office The Minuteman Realty Group
Office Phone 781-591-0249
Agent MLS ID CN216816
Office MLS ID AN1914
Listing Data Updated Jul 27, 2026 3:05 AM 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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