Flexible Office and Light Industrial
For Sale
Contact for pricing
143-147 Essex St. Unit 708, Haverhill, MA 01832
Office, storage, and light industrial space in a well-maintained building with high ceilings, large windows, and ample parking.
Property Size142 SF
Price / SF$0.21
Days on Market114
Property Features for 143-147 Essex St. Unit 708
General Information
Standard status
Active
Size
142 SF
Property subtype
Commercial
Lease Type
Modified Gross
Additional Details
Highway Access
Yes
Building Details
Year Built
1900
Listing Agency:
The Edge Group, Inc.
(978) 458-8822
Listed By:
Gary Sidell
(978) 375-7363
Source:
Lockandkeyre
Added: Jul 10
Changed: Oct 29
Last Checked: Oct 30 at 4:36PM
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 The Edge Group, Inc.
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Investment Insights
Based on property information with market context.
A well-maintained 144,000 SF commercial building offering versatile space for office, storage, and light industrial use. Layouts are flexible to support different business needs, with tenant build-out opportunities available. Select areas include secure access for storage and convenient truck access. The spaces feature high ceilings and large windows designed to bring in abundant natural light.
The property is located in downtown Haverhill at 143–147 Essex St., with easy access to I-495 and Route 125, plus public transportation and nearby restaurants, shops, and other local amenities. Ample on-site parking is available for tenants and visitors. Offered on a modified gross basis, the rent includes heat, air conditioning, and electricity.
The property is located in downtown Haverhill at 143–147 Essex St., with easy access to I-495 and Route 125, plus public transportation and nearby restaurants, shops, and other local amenities. Ample on-site parking is available for tenants and visitors. Offered on a modified gross basis, the rent includes heat, air conditioning, and electricity.
Key Highlights
- Office, storage, and light industrial space available for lease in a well‑maintained 144,000 SF building
- Modified gross lease: rent includes heat, air conditioning, and electricity
- Flexible floor plans with tenant build‑out opportunities to fit business needs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,510
Suggested Prices Based on Cap Rates
Cap Rate 5%
$30,200
$30.2K
Cap Rate 7%
$21,571
$21.6K
Cap Rate 9%
$16,778
$16.8K
Market Conditions
NOI Build-Up for 142 SF
Gross rent
$2.3K $16.08/SF
− Vacancy
−$126 −$0.88/SF
EGI
$2.2K $15.20/SF
− OpEx
−$647 −$4.56/SF
NOI
$1.5K $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%
$30,200
Cap Rate 7%
$21,571
Cap Rate 9%
$16,778
Alternative Uses
Best Use
Office B
$56.5K
$49.5K – $66.0K
NOI $3,958 @ 7.0% cap · market cap 13,193.33%
Second Best
Flex RnD
$35.4K
$31.0K – $41.3K
NOI $2,477 @ 7.0% cap · market cap 8,256.67%
Theoretical Best
Office A
$84.1K
$73.6K – $98.1K
NOI $5,884 @ 7.0% cap · market cap 19,613.33%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,986
Businesses Nearby
Under-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
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Scovotti's Cooking and Confections — 2 s pleasant st, bradford, ma 01835
- Whitsons School Nutrition — 191 Merrimack St # 504, Haverhill, MA 01830
Frequently Asked Questions
What type of property is this?
Flex space - Office, storage, and light industrial space in a well-maintained building with high ceilings, large windows, and ample parking.
Where is this flex space located?
The property is located at 143-147 Essex St. Unit 708 Haverhill, MA.
What are key features of this property?
This property features: Office, storage, and light industrial space available for lease in a well‑maintained 144,000 SF building; Modified gross lease: rent includes heat, air conditioning, and electricity; Flexible floor plans with tenant build‑out opportunities to fit business needs
