560 S Main st
Retail | 9,010 SqFt
Marketing description
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, ideally suited for restaurant operators, retail users, or mixed-use redevelopment. Alternative NNN, gross or ground lease options are welcome.
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.
Alternative leasing opportunity available, please inquire about the details.
3d tour here - https://listing3d.com/embed/r0d939a9d7bf14fb6bd95803efcbd400b
Investment highlights
TURN-KEY RESTAURANT PROPERTY: Built in 2008, the property consists of a 9,010 sq/ft commercial building on 1.46 acres. The site is fully equipped for restaurant use with hibachi stations, a full-service kitchen, bar, and dining areas, offering immediate revenue potential for operators or investors.
FLEXIBLE REDEVELOPMENT POTENTIAL: With its size, visibility, and strategic location, the property also presents opportunities for repositioning into another retail, mixed-use, or other commercial applications depending on zoning allowances.
ESTABLISHED BUSINESS PRESENCE: The property has long served as the home of Tokyo Steakhouse, a successful hibachi and sushi restaurant with strong local brand recognition and steady customer traffic. Prior to Tokyo Steakhouse, this property was home to The Ground Round. Its history of proven performance highlights the strength of the location as a dining and retail destination.
STRATEGIC RETAIL LOCATION: Situated directly on Route 28 at the intersection of Route 125, the property benefits from excellent visibility, strong daily traffic counts, and convenient access to I-93 and I-495. Its position within Andover’s commercial corridor provides significant exposure to both local residents and commuters.
RETAIL TRADE AREA: The property is surrounded by a diverse mix of national and regional retailers that consistently draw customers to the area. Nearby tenants include Dunkin’ Donuts, Stop & Shop, Starbucks, Dairy Queen, Orange Theory Fitness, Ocean State Job Lot, 7-Eleven, and North Reading Subaru. This concentration of strong retail brands enhances the site’s value and increases traffic flow.
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