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24 Summer St - Elks Lodge Haverhill 16,000 SF Specialty Building Offered at $950,000 in Haverhill, MA 01830

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Investment Highlights

Downtown transit oriented redevelopment opportunity

Executive Summary

Iconic downtown specialty property available for first time in decades. Property is located within RU "Residential Density" zoning. Opportunity for residential redevelopment. Potential Specialty use for religious assembly as occupancy capacity is 245 in one of the three meeting areas.

24 Summer Offering_Memorandum

Property Facts Under Contract

Price	$950,000	Building Size	16,000 SF
Price Per SF	$59.38	No. Stories	2
Sale Type	Investment or Owner User	Year Built	1890
Property Type	Specialty	Tenancy	Single
Property Subtype	Lodge/Meeting Hall Specialty Religious Facility	Parking Ratio	0.94/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.52 AC
Zoning	RU - RU Residential Density. Six (6) six story height limit

Price	$950,000
Price Per SF	$59.38
Sale Type	Investment or Owner User
Property Type	Specialty
Property Subtype	Lodge/Meeting Hall Specialty Religious Facility
Building Class	C
Lot Size	0.52 AC
Building Size	16,000 SF
No. Stories	2
Year Built	1890
Tenancy	Single
Parking Ratio	0.94/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RU - RU Residential Density. Six (6) six story height limit

Commuter Rail

Air Conditioning

1 1

Moderately walkable

70/100

Moderately drivable

60/100

Some public transit

40/100

Fairly bikeable

40/100

Source: Local Logic^®

Property Taxes

Parcel Number	HAVE-000202-000036-000003	Improvements Assessment	$243,800
Land Assessment	$190,000	Total Assessment	$433,800

Property Taxes

Parcel Number

HAVE-000202-000036-000003

Land Assessment

$190,000

Improvements Assessment

$243,800

Total Assessment

$433,800

(978) 850-1111

Contact

Christopher Brown
New England Commercial brokered by eXp Commercial

Listing ID: 31514837
Date on Market: 4/15/2024
Last Updated:
Address: 24 Summer St, Haverhill, MA 01830

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