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    194 River St Haverhill, MA 01832

    For Sale
    $1,200,000

    Fully occupied riverfront property in opportunity zone with income.

    Property size:
    4,080 SF
    Lot size:
    0.43 Acres

    Property Features for 194 River St

    General Information

    Size
    4,080 SF
    Lot size
    0.43 Acres

    Source: Coldwell Banker Commercial | Haverhill Agent Steve Fisichelli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riverfront Property with Income Potential

    This fully occupied property is located in an Opportunity Zone and features a freestanding brick building suitable for multiple uses. The property is currently leased to two tenants: a car dealer with a 30-car license and a restaurant with a 40-seat license. Situated in a high-visibility location with high traffic count, the property offers convenient highway access and is located on a bus route, close to the train station, and downtown shopping and restaurants. The property includes two garage bays and an office. The front lot line will be adjusted to 147 feet, subject to city approvals. Current tenants have existing leases. The property size is 4080 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    CARS 4 U Car Dealer Tacos Lupita Taco Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Whitsons School Nutrition

    Location Insight

    • Map
    • Local Demand
    City
    Haverhill
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0909916
    Latitude
    42.7690622

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      Established Auto Repair Business For Sale

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    FAQs

    What type of property is this?
    Restaurant - Fully occupied riverfront property in opportunity zone with income.
    Where is this restaurant located?
    The property is located at 194 River St Haverhill, MA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - High income potential from fully occupied property with existing leases.; - Prime riverfront location in an Opportunity Zone.; - High visibility and high traffic count location.
    (978) 994-6503
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    194 River St Haverhill, MA 01832
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    Haverhill, MA 01832
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    194 River St Haverhill, MA 01832
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