150 Merrimack Street Haverhill
Retail-Commercial
for Sale
Catylist Listing ID: |
30815557 |
Property Subtypes: |
Free-Standing Building, Street Retail
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Building Size (RSF): |
4,769 SF
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Gross Building Area: |
See Agent |
Gross Land Area: |
5,967 SF
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Sale Price: |
$925,000 |
Unit Price: |
$193.96 PSF |
Ceiling: |
9.5 ft. |
Property Use Type: |
Vacant/Owner-User |
Usable Size (USF): |
4,769 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
1/23/2023 |
Overview / Comments
Just reduced from $1,300,000 to $925,000 !
Downtown Haverhill is in the middle of a renaissance! with it's new Boardwalk along the Merrimack River and several new building recently constructed including the Haverhill Heights 10 story Glass Building, which is immediately located to of this building!
The former Rent-A-Center Building has approximately 4,769 SF and is fronting on Merrimack Street. Excellent location with the new Haverhill Height Tower behind the building with rear loading. access in the rear. The lower level has storage and rear loading as well.
The showroom mostly open and carpeted, there is an office and storage as well. The building was previously 2 units and could be split again.
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Financials
Finance Data Year |
2022 |
Real Estate Taxes - Annual($) |
$11,582 (Annual) |
Assessed Value - Total($) |
$497,100 (Annual) |
Additional Details
Nearest MSA: |
Boston-Cambridge-Newton |
County: |
Essex |
Tax ID/APN: |
101-7-12 |
Zoning: |
WC |
Retail Clientele: |
General, Family |
Property Located Between: |
Haverhill Heights and Goodwill |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Merrimack Street-Route 113 |
Feet of Frontage: |
50 |
Traffic/Vehicle Count: |
13,000 |
Highway Access: |
I-495 is located only 2 miles west of the Site |
Site Description: |
Excellent site on Haverhill Main Street-Merrimack Street. |
Area Description: |
Great downtown location with lots of Restaurants, Banks, Residences and shopping with easy access to the Haverhill Boardwalk along the Merrimack River. |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
4,769 SF |
Property Condition: |
Good |
Year Built: |
1976 |
Year Renovated: |
2025 |
Roof Type: |
Flat |
Exterior Description: |
Classic White Brick and and Glass facade and painted block on the other 3 sides.. |
Parking Type: |
Surface |
Sprinklers: |
None |
Heat Type: |
Natural Gas |
Heat Source: |
Central |
Internet Access: |
Cable |
Interior Description: |
Very attractive facility with with showroom, private office and storage with a full basement.
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Zoning Description: |
Waterfront Zoning allows many commercial uses as well as multi-family. |
Lot Frontage: |
50 |
Lot Depth: |
100 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Easements: |
Utilities, Other |
Easements Description: |
The facility has a shared easement along the right side of the building. |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
23,689 |
60,816 |
158,944 |
Median Age: |
34.73 |
38.82 |
37.77 |
Households: |
9,588 |
24,096 |
58,745 |
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