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 with heating and cooling. 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.
191 Chandler Rd, #B, Andover, MA, 01810
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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