Haverhill Commercial Space For
For Sale
$1,200,000
Pending
1 Ginty Blvd, Haverhill, MA 01830
Versatile commercial property in prime location suitable for various uses.
Property Size7,500 SF
Lot Size0.44 Acres
Days on Market266
Property Features for 1 Ginty Blvd
General Information
Standard status
Pending
Size
7,500 SF
Lot size
0.44 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$10,683
Building Details
Building Size
7,500 SF
Year Built
1971
Listing Agency:
Lamacchia Realty, Inc.
(978) 302-3676
Listed By:
Brian Kindlan · License #9550090
(978) 302-3676
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 12
Last Checked: Aug 20 at 9:00AM
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 Lamacchia Realty, Inc.
Investment Insights
Based on property information with market context.
This commercial property offers over 7,000 sq. ft. of space in Haverhill. Currently operating as a bike shop, the property features a wide-open layout suitable for retail, warehouse, light industrial, or showroom use. It includes one bathroom, high visibility, and on-site parking with space for over 25 vehicles. The location offers convenient access to major routes and downtown Haverhill. This high-traffic location is suitable for business owners, investors, or developers looking to expand in a growing area.
Key Highlights
- Over 7,000 sq. ft. of commercial space.
- Prime Haverhill location with high visibility.**
- Ample on‑site parking for 25+ vehicles.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$96,872
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,937,440
$1.9M
Cap Rate 7%
$1,383,886
$1.4M
Cap Rate 9%
$1,076,356
$1.1M
Market Conditions
NOI Build-Up for 7,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$120.6K $16.08/SF
− Vacancy
−$6.6K −$0.88/SF
EGI
$114.0K $15.20/SF
− OpEx
−$17.1K −$2.28/SF
NOI
$96.9K $12.92/SF
Area
Essex County, MA
Vacancy
5.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,937,440
Cap Rate 7%
$1,383,886
Cap Rate 9%
$1,076,356
Alternative Uses
Best Use
Flex RnD
$1.87M
$1.64M – $2.18M
NOI $130,853 @ 7.0% cap · market cap 10.90%
Second Best
Retail
$1.76M
$1.54M – $2.05M
NOI $123,228 @ 7.0% cap · market cap 10.27%
Theoretical Best
Office A
$4.44M
$3.88M – $5.18M
NOI $310,798 @ 7.0% cap · market cap 25.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,530
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01830, MA
27,553
Population
11,159
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
89%
High-School Grad
13.9 sq mi
ZIP Area
1,982
Density / Sq Mi
$79,784
Median Household Income
$49,289
Median Earnings
$1,602
Median Rent
$436,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Versatile commercial property in prime location suitable for various uses.
Where is this storefront property located?
The property is located at 1 Ginty Blvd 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: Over 7,000 sq. ft. of commercial space.; Prime Haverhill location with high visibility.**; Ample on‑site parking for 25+ vehicles.
