Restaurant and Real Estate Opportunity in Downtown Haverhill, MA

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30870443
Property Subtypes: Mixed Use, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 4,515 SF
Sale Price: $1,499,900
Unit Price: $332.20 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 4,515 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2024

Overview / Comments

What do you get with this sale- A large brick building with two deeds, a well-known restaurant business that is actively running since 1980, all equipment and inventory, all vendor contacts, potential to separate into 5 separate units. you can walk in and make money while adding your touch!

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Tax ID/APN: 101-1-5
Zoning: RST/BAR
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Largest Nearby Street: Merrimack Street
Feet of Frontage: 655
Highway Access: I-93
Airports: Boston airport
Site Description: Brick building, high traffic road, business district, restaurant/bar
Area Description: Downtown Haverhill. High traffic and visibility. Business district
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 1,500 SF
Property Condition: Good
Year Built: 1919
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick building, great signage
Parking Description: street
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Interior Description: Restaurant/bar/event venues
Zoning Description: RST/BAR
Lot Frontage: 65.50
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,657 59,578 155,727
Median Age: 35.01 38.83 37.99
Households: 9,217 23,603 57,813

Contact

© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.