
195 195a Andover St Andover — Photo 1 of 11
$99,900
Investment Analysis — 195 195a Andover St
Andover, MA 01810
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a home in 01810 carries an estimated $2,030/mo in gross rent — about a 17.33% cap rate and $17,315/yr in estimated NOI at the $99,900 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
1
SqFt
850
Style
Other
Built
2007
Established since 2007, this Andover neighborhood convenience store offers a compelling opportunity for a hands-on owner-operator or existing retailer seeking an additional location. Offered at $99,900 with inventory, operating equipment, shelving, refrigeration and fixtures included, subject to final inventory count and purchase agreement. Approx. 850 SF near Ballardvale commuter rail with 10 shared parking spaces and two rear storage areas. Current operation includes beer/wine, lottery, tobacco, ATM, groceries and cold beverages. Current base rent is $1,900/month, and a longer-term lease may be available to a qualified buyer, subject to landlord approval and final terms. Seller is retiring and will provide up to 30 days of transition training. Business/assets only; real estate excluded. Confidential financials available to qualified buyers after proof of funds or verifiable acquisition financing and NDA.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Mustafa Ajlouni
Listing Office: eXp Realty LLC
MLS® Number: 73571193