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399 South Main St 2,785 SF 100% Leased Retail Building Haverhill, MA 01835 $650,000 ($233.39/SF)
EXECUTIVE SUMMARY
This property is a great redevelopment opportunity.
Property is set to be approved for 5 units in existing building; sought after Bradford neighborhood, CN zone with endless potential and possibilities.
This is a “by right” project with no variances required, and all setbacks and requirements.
Property has the potential to build more than 5 units, by potentially tearing down the building and obtaining the appropriate approval for more units.
The building can go up to 3 1/2 stories.
The building has the potential for condo conversion, 2beds rooms $450k x 5.
Survey, engineering, and floor plans are already, in positive review from the city planning board, & set for City council .
Sale price is negotiable, developers are flexible and willing to work with the buyer.
Property is set to be approved for 5 units in existing building; sought after Bradford neighborhood, CN zone with endless potential and possibilities.
This is a “by right” project with no variances required, and all setbacks and requirements.
Property has the potential to build more than 5 units, by potentially tearing down the building and obtaining the appropriate approval for more units.
The building can go up to 3 1/2 stories.
The building has the potential for condo conversion, 2beds rooms $450k x 5.
Survey, engineering, and floor plans are already, in positive review from the city planning board, & set for City council .
Sale price is negotiable, developers are flexible and willing to work with the buyer.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
2,785 SF
Building Class
B
Year Built
1860
Price
$650,000
Price Per SF
$233.39
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.34
Lot Size
0.19 AC
Zoning
Commercial - CN Commercial Neighborhood.
Parking
8 Spaces (2.87 Spaces per 1,000 SF Leased)
Frontage
130’ on South Main Street
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- White Street Paint & Wallpaper
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| White Street Paint & Wallpaper | - | - | - | - |
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $946,400 | |
| Land Assessment | $423,300 | Total Assessment | $1,369,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$423,300
Improvements Assessment
$946,400
Total Assessment
$1,369,700
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Presented by
Sciaraffa Real Estate, Llc
399 South Main St
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