Downtown Storefront
For Sale
$625,000
150 Washington St, Haverhill, MA 01832
A 1900-built commercial property sits across from the commuter rail station in downtown Haverhill.
Property Size1,359 SF
Price / SF$459.90
Days on Market24
Property Features for 150 Washington St
General Information
Standard status
Active
Size
1,359 SF
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
Angel Homes Realty, Inc.
Listed By:
Sorangel Oviedo · License #3407918
(978) 390-7469
Source:
Dohertyproperties
Added: Oct 9
Changed: Oct 31
Last Checked: Oct 31 at 2:28PM
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 Angel Homes Realty, Inc.
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Investment Insights
Based on property information with market context.
This 1,359-square-foot storefront property was built in 1900 and is located at 150 Washington St in downtown Haverhill. The building is positioned across from the commuter rail station, placing it within the downtown setting.
Key Highlights
- 1,359‑square‑foot storefront property
- Built in 1900
- Across from the commuter rail station in downtown Haverhill
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,329
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,580
$446.6K
Cap Rate 7%
$318,986
$319.0K
Cap Rate 9%
$248,100
$248.1K
Market Conditions
NOI Build-Up for 1,359 SF
Gross rent
$32.6K $24.00/SF
− Vacancy
−$718 −$0.53/SF
EGI
$31.9K $23.47/SF
− OpEx
−$9.6K −$7.04/SF
NOI
$22.3K $16.43/SF
Area
Essex County, MA
Vacancy
2.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,580
Cap Rate 7%
$318,986
Cap Rate 9%
$248,100
Alternative Uses
Best Use
Retail
$319.0K
$279.1K – $372.2K
NOI $22,329 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$804.5K
$704.0K – $938.6K
NOI $56,317 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,916
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 40%
Dunkin' Donuts
Dining
12,029 visits/mo
0.4 miles
TD Bank
Shops & Services
7,212 visits/mo
0.4 miles
Citgo
Shops & Services
3,482 visits/mo
0.5 miles
Family Dollar
Shops & Services
2,939 visits/mo
0.5 miles
Enterprise Rent-A-Car
Shops & Services
2,088 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Passion Flower Shop Inc. — 154 Washington St, Haverhill, MA 01832
Frequently Asked Questions
What type of property is this?
Storefront property - A 1900-built commercial property sits across from the commuter rail station in downtown Haverhill.
Where is this storefront property located?
The property is located at 150 Washington St Haverhill, MA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,359‑square‑foot storefront property; Built in 1900; Across from the commuter rail station in downtown Haverhill
