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Mixed-Use Building in Opportunity Zone
For Sale
$600,000

240 Essex St, Haverhill, MA 01832

Mixed-use building with commercial space and residential unit in Haverhill.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market266

Property Features for 240 Essex St

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,309

Building Details

Year Built 1900
Listing Agency:
Listed By: Samantha Edwards
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 7 Last Checked: Aug 20 at 9:25AM

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 Samantha Edwards

Investment Insights

Based on property information with market context.

Located in an Opportunity Zone in Haverhill, this mixed-use building features a first-floor commercial space, currently operating as a neighborhood bar, and a spacious three-bedroom rental unit on the second level. The property offers multiple options, including continuing the bar business, establishing a different business on the first floor while residing above, or renting out the residential unit for income generation. The surrounding area is experiencing new development and is close to public transportation, bars, restaurants, and highway access. The property is also near the tax-free New Hampshire border. The sellers are motivated.

Key Highlights

  • Mixed‑use building featuring a first floor commercial space currently operating as a bar and a 3‑bedroom rental unit.
  • Located in an Opportunity Zone.
  • Potential for owner‑occupancy and rental income.

Property Analytics

Current Use

Lantern Cafe Bar & Pub

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Restaurant Auto Parts Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,954
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with commercial space and residential unit in Haverhill.
Where is this mixed-use property located?
The property is located at 240 Essex St Haverhill, MA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Mixed‑use building featuring a first floor commercial space currently operating as a bar and a 3‑bedroom rental unit.; Located in an Opportunity Zone.; Potential for owner‑occupancy and rental income.
More about this property
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