Industrial Contractor Bay with Overhead
For Sale
$599,900
1431 Hilldale Ave #6, Haverhill, MA 01832
Steel industrial contractor bay in a fully sprinkled building with 14 ft overhead doors, high ceilings, and mezzanine space.
Property Size2,442 SF
Price / SF$245.66
Days on Market59
Property Features for 1431 Hilldale Ave #6
General Information
Standard status
Active
Size
2,442 SF
Total Parking Spaces
5
Property subtype
Commercial
Warehouse & Industrial
Clear Height
23 ft
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
2026
Listing Agency:
Four Points Real Estate, LLC
(617) 306-3926
Listed By:
Chapman Real Estate Group
(617) 306-3926
Source:
Housatonicrealestate
Added: Jun 3
Changed: Jul 20
Last Checked: Jul 29 at 1:24PM
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 Four Points Real Estate, LLC
Investment Insights
Based on property information with market context.
This brand new steel industrial contractor bay is part of a building containing 8 condo units. Each unit offers high interior clearances with 23 ft ceilings, a 14 ft overhead door, and a large mezzanine area sized at 600 sf. The units include a first-floor half bath with a slop sink, and are equipped with a gas Modine heating system. The building is fully sprinkled and includes fire alarms.
Each bay has 5 deeded outdoor parking spaces, and there is also the ability to park vehicles inside the facility. The property is described as being about 1 mile to Plaistow shopping and about 2 miles to Route 495.
This configuration is suited to businesses looking for a compartmentalized industrial setup with both outdoor and indoor parking and overhead access at the unit level.
Each bay has 5 deeded outdoor parking spaces, and there is also the ability to park vehicles inside the facility. The property is described as being about 1 mile to Plaistow shopping and about 2 miles to Route 495.
This configuration is suited to businesses looking for a compartmentalized industrial setup with both outdoor and indoor parking and overhead access at the unit level.
Key Highlights
- Brand‑new steel industrial/commercial condo with 8 units, each at 2,442 SF
- Each unit features 23 ft ceilings, 14 ft overhead doors, and a 600 SF mezzanine
- Fully sprinkled building with fire alarms
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.3k | $28.80 |
| − Vacancy | −$4.8k | −$1.96 |
| EGI | $65.5k | $26.84 |
| − OpEx | −$22.9k | −$9.39 |
| NOI | $42.6k | $17.45 |
2,442 SF · lease $28.80/SF/yr · vacancy 6.80% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$608.7K
$532.6K – $710.1K
NOI $42,606 @ 7.0% cap · market cap 7.10%
Second Best
Warehouse
$450.6K
$394.3K – $525.7K
NOI $31,542 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$1.45M
$1.26M – $1.69M
NOI $101,196 @ 7.0% cap · market cap 16.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
23 ft
Clear height
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01832, MA
25,656
Population
10,735
Households
2.4
Avg Household Size
38
Median Age
28%
College-Educated
90%
High-School Grad
11.4 sq mi
ZIP Area
2,251
Density / Sq Mi
$81,141
Median Household Income
$47,151
Median Earnings
$1,612
Median Rent
$410,300
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?
Flex space - Steel industrial contractor bay in a fully sprinkled building with 14 ft overhead doors, high ceilings, and mezzanine space.
Where is this flex space located?
The property is located at 1431 Hilldale Ave #6 Haverhill, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Brand‑new steel industrial/commercial condo with 8 units, each at 2,442 SF; Each unit features 23 ft ceilings, 14 ft overhead doors, and a 600 SF mezzanine; Fully sprinkled building with fire alarms
