$750,000
( $316.46Per Sq Foot )
 $4,026 forsale estimated payment Sourced by Back At You

240 Essex St , Haverhill, MA 01832

Haverhill, MA 01832

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Description

An Opportunity Zone value add mixed-use opportunity! The Lantern Cafe has been a fixture in Haverhill for over 40 years and is ready to turn the reigns over to a new owner or a developer with vision. This local bar is licensed for 55 capacity with 16 at the bar. In addition to the street-level bar, there is a two-bedroom apartment above. This is located in Opportunity Zone 2608, which may offer incentives for redevelopment. The 2,370sf structure is situated on a .048-acre lot in the commercial zone, which allows many uses by right or exception. A 660sf basement not included in the stated square footage is currently used for storage. Close to bus & train terminals and public parking lots. All furniture, fixtures, and equipment are included in the sale as well as all transferrable licenses. All information was obtained from the seller and public records, prospective buyers are encouraged to perform all due diligence necessary for their contemplated acquisition.

Details

Mls73267870
Listing TypeFor Sale
SubtypeResale
StatusActive
Year1900
Days On Site137
Listing Provided ByKeller Williams Realty | Lauren DeFrancesco

Features

Baths2
Sq Feet2,370
ZoningCI
Acreage0.05

Market Activity 01832

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Learn More About This Property

StateMA
CountyEssex
CityHaverhill
Zip Code01832
AreaEssex
Listing VS Median (in 01832)
Price:
$750,000
low | high
Med:
$454,900
89.346666666667% of Average
SqFt:
2,370
low | high
Med:
1,032
100% of Average
$ / SqFt:
$316
low | high
Med:
$441
10.708914728682% of Average
On Site:
137
low | high
Med:
44.000000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 9:01:03 PM PST