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240 Essex St 2,370 SF Retail Building Haverhill, MA 01832 $700,000 ($295.36/SF)

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INVESTMENT HIGHLIGHTS

  • Mixed use by right
  • Opportunity zone tax deferred investment option
  • Centrally located to major development

EXECUTIVE SUMMARY

Prime Investment Opportunity in Haverhill’s Opportunity Zone
Seize this exceptional investment opportunity in Haverhill’s Opportunity Zone—a versatile mixed-use property offering both commercial and residential potential. The first-floor commercial space is currently operating as a bar, while the second level features a spacious residential rental unit.
This property presents multiple possibilities:
Continue operating the existing bar.
Repurpose the ground-floor space for a new business venture.
Occupy the upper-level residence or lease it to generate additional income.
Located in a rapidly developing area, this property is conveniently close to public transportation, major highways, vibrant dining and entertainment options, and the tax-free New Hampshire border. Don't miss your chance to invest in this growing community

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,370 SF
Building Class
C
Year Built
1900
Price
$700,000
Price Per SF
$295.36
Tenancy
Single
Building Height
2 Stories
Building FAR
1.36
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
C1
Parking
2 Spaces (0.84 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Jonus Rustani
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Jonus Rustani - - - -
Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Ymca
TD Bank
Bank of America
Market Basket
Rent-A-Center
Crunch Fitness
Santander
Toyota

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HAVE-000515-000297-000018
Land Assessment
$83,700
Improvements Assessment
$133,400
Total Assessment
$217,100
  • Listing ID: 34662236

  • Date on Market: 1/30/2025

  • Last Updated:

  • Address: 240 Essex St, Haverhill, MA 01832

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