Freestanding Flex
For Sale
Contact for pricing
0-394 S Main St, Haverhill, MA 01833
CN-zoned commercial property with adaptable space for professional office or retail functions.
Property Size1,786 SF
Price / SF$1.54
Days on Market143
Property Features for 0-394 S Main St
General Information
Standard status
Active
Size
1,786 SF
Zoning
CN
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,547
Listing Agency:
Minco Commercial
(978) 687-6200
Listed By:
Laurence Marocco · License #9009996
(978) 479-3137
Source:
Exprealty
Added: May 27
Changed: Oct 11
Last Checked: Oct 15 at 2:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Minco Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding commercial property provides an adaptable setting for professional office or retail use. The interior plan is configured to support a wide range of uses, while the existing finishes are described as well preserved.
The property fronts Route 125, a heavily traveled roadway. It is located within the CN zoning district, where single-family residential use is not allowed by right. Any proposed use remains subject to applicable zoning requirements.
The property fronts Route 125, a heavily traveled roadway. It is located within the CN zoning district, where single-family residential use is not allowed by right. Any proposed use remains subject to applicable zoning requirements.
Key Highlights
- Freestanding commercial property
- Adaptable interior plan for professional office or retail use
- Well‑preserved existing finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,998
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,960
$380.0K
Cap Rate 7%
$271,400
$271.4K
Cap Rate 9%
$211,089
$211.1K
Market Conditions
NOI Build-Up for 1,786 SF
Gross rent
$28.7K $16.08/SF
− Vacancy
−$1.6K −$0.88/SF
EGI
$27.1K $15.20/SF
− OpEx
−$8.1K −$4.56/SF
NOI
$19.0K $10.64/SF
Area
Essex County, MA
Vacancy
5.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,960
Cap Rate 7%
$271,400
Cap Rate 9%
$211,089
Alternative Uses
Best Use
Office B
$711.2K
$622.3K – $829.7K
NOI $49,781 @ 7.0% cap · market cap 1,810.22%
Second Best
Flex RnD
$445.1K
$389.5K – $519.3K
NOI $31,160 @ 7.0% cap · market cap 1,133.09%
Theoretical Best
Office A
$1.06M
$925.1K – $1.23M
NOI $74,011 @ 7.0% cap · market cap 2,691.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01833, MA
8,410
Population
3,220
Households
2.6
Avg Household Size
44
Median Age
54%
College-Educated
98%
High-School Grad
12.8 sq mi
ZIP Area
657
Density / Sq Mi
$153,565
Median Household Income
$78,497
Median Earnings
$1,973
Median Rent
$614,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - CN-zoned commercial property with adaptable space for professional office or retail functions.
Where is this flex space located?
The property is located at 0-394 S Main St Haverhill, MA.
What are key features of this property?
This property features: Freestanding commercial property; Adaptable interior plan for professional office or retail use; Well‑preserved existing finishes
