Monument Square Parcel

Vacant Land for Sale
Catylist Listing ID: 30863715
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 9,770 - 9,774 SF
Sale Price: $450,000
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/23/2024

Overview / Comments

Strategically located 9,774 SF parcel in the heart of Haverhill at the junction of Routes 125 and 110. The lot has many retail, office and multi-family uses. The Haverhill Zoning is very liberal, requiring allowing minimum front and side lots and up to 6 stories! The Haverhill Zoning Bylaws are online.

The 2,500 SF access easement from the abutting parcel is a bonus allowing use of the driveway without the need for a curb-cut. There is a deeded maintenance agreement between the subject lot and 40 Kenoza Ave to share the costs associated for repairs and maintenance.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Taxing Authority: City of Haverhill
Tax ID/APN: TBD
Zoning: COMMERCIAL CENTRAL
Property Located Between: Kenoza Ave and Main Street
Property Visibility: Excellent
Largest Nearby Street: Route 125, Main Street
Feet of Frontage: 71
Traffic/Vehicle Count: 15,000
Highway Access: Easy access to 1-495 via RTE 125 or RTE 110 just minutes away.
Airports: Logan, Manchester are 30 to 50 minutes away, Lawrence is only 15 away!
Site Description: Ideal building -lot flat that has an easement over the abutting for easy access without the need for a curb cut. There is some maintenance requirements over the us of the 2,500 SF easement and there is line of sight easement. (See attached plan)
Area Description: It's a very busy area with CVS, Walgreens, several service/convenience stores, City Hall and many other stores and businesses.
Lot Frontage: 71'
Lot Depth: 160'
Zoning Description: The property is CC, Commercial Central , the zone is very liberal with tight set backs and and up to 6 stories in height.
Topography: Level
Easements: Ingress/Egress, Other
Easements Description: The site enjoys a 2,500 ft easement which provides a driveway and eliminates the need for curb curt. The is a line a sight in the front the parcel-see the plan.
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,553 61,607 146,417
Median Age: 34.83 39 38.43
Households: 9,172 24,416 54,213

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