Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    741 South Main St Haverhill, MA 01835

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Fully leased retail strip with warehouse in Haverhill, MA.

    We can help!

    Listing Contact
    Taylor Saulnier, Ccim
    Source: Masscommercialproperties

    Listing Agent: Taylor Saulnier, Ccim

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

    Learn more

    Overview

    Haverhill Retail Strip with Warehouse

    Located on South Main Street in Haverhill, MA, this fully leased multi-tenant commercial/retail property features six units. The tenant mix includes two restaurants, a martial arts studio, a barbershop, and a jewelry shop. A warehouse unit with a drive-in door is located at the rear of the building and is currently leased to a construction company. The warehouse has 12'7'' ceilings. The property is located along Route 125, offering frontage and signage opportunities in a commercial corridor. It is situated minutes from I-495, providing access to Boston, Southern New Hampshire, and the Merrimack Valley region. The property has 202’ of frontage on RT 125 with exposure to 202,360+ vehicles daily. 50% of tenants are on strong 5+/- year leases. 50% of tenants are at will with under market rent at an average of $13.27/sf.
    Location Intelligence

    Current Use by Public Records

    Steve's Famous Roast ... Restaurant Binda Jiu Jitsu Training Center SenCam, Inc. Construction Company The Fix Barbershop Barber Shop Javier's Jewelry Repair (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Haverhill
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0998731
    Latitude
    42.7587001

    Nearby Similar for Sale

    • $525,000
      1,620 SF

      Mixed-Use Property in Haverhill, MA

      Mixed-use property with retail/office and residential units.
      219 River St, Haverhill, MA 01832
      View Details
    • $699,900
      9,800 SF

      Large Free-Standing Warehouse Building

      Large free-standing building with loading dock in residential area.
      9 7Th Ave, Haverhill, MA 01830
      View Details
    • Contact for pricing

      Freestanding Building Near Downtown

      Freestanding building located near downtown Haverhill, Massachusetts.
      356 Main St, Haverhill, MA 01835
      View Details
    • Contact for pricing
      6,839 SF

      Haverhill Development Opportunity

      Oversized building with large lot in accessible Haverhill location.
      7 William St, Haverhill, MA 01830
      View Details
    • $1,700,000
      5,000 SF

      Industrial Building in Haverhill, MA

      2,000-5,000 SF industrial building on 0.68 AC for sale.
      Haverhill, MA 01830
      View Details
    • Contact for pricing
      2,940 SF

      Freestanding Building with Drive-Thru

      Freestanding building with drive-thru on a full acre.
      860 S Main St, Haverhill, MA 01830
      View Details
    • $599,000

      Haverhill Duplex with Recent Updates

      Updated duplex in desirable location near Haverhill Stadium.
      3 Munroe St, Haverhill, MA 01830
      View Details
    • $839,900

      Updated Two-Family Home

      Updated two-family home near downtown Haverhill.
      8 Dustin St, Haverhill, MA 01830
      View Details
    • $884,900

      Haverhill Multifamily Property For Sale

      Four-unit multifamily property near downtown Haverhill.
      8-10 Victoria Ct, Haverhill, MA 01832
      View Details
    • $785,000

      Haverhill Two-Family Investment Opportunity

      Updated two-family property with tenant in place until 2026.
      76-78 Marshland St, Haverhill, MA 01830
      View Details
    • $649,900

      Haverhill Three-Unit Building For Sale

      Three-unit building with parking lot and immediate occupancy potential.
      434 Main St, Haverhill, MA 01830
      View Details
    • Contact for pricing
      4,080 SF

      Riverfront Property with Income Potential

      Fully occupied riverfront property in opportunity zone with income.
      194 River St, Haverhill, MA 01832
      View Details

    FAQs

    What type of property is this?
    Strip mall - Fully leased retail strip with warehouse in Haverhill, MA.
    Where is this strip mall located?
    The property is located at 741 South Main St Haverhill, MA.
    What are key features of this property?
    This property features: - 100% Occupied 6 Unit Retail Strip in Highly Demanded Area; - **202’ of Frontage on RT 125 w/ Exposure to 202,360+ Vehicles Daily**; - 50% of Tenants on Strong 5+/- Year Leases Providing Guaranteed Income
    (617) 510-7035
    Request Owner's contact information
    741 South Main St Haverhill, MA 01835
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    741 South Main St
    Haverhill, MA 01835
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    741 South Main St Haverhill, MA 01835
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Taylor Saulnier, Ccim
    (617) 510-7035
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!