Flex Space with Fenced Outdoor
For Sale
Contact for pricing
37 Stevens Street, Haverhill, MA 01830
The interior has a reception area, three separate rooms, and central air conditioning.
Property Size16,954 SF
Price / SF$0.18
Days on Market65
Property Features for 37 Stevens Street
General Information
Standard status
Active
Size
16,954 SF
Property subtype
Commercial
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Amenities
fenced in outdoor space
natural gas heat
central A/C
Building Details
Year Built
1900
Listing Agency:
Longview Commercial Real Estate
Listed By:
Andrew Paluch
(802) 772-5052
Source:
Longviewcre
Added: Aug 27
Changed: Oct 28
Last Checked: Oct 28 at 3:15PM
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 Longview Commercial Real Estate
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Investment Insights
Based on property information with market context.
This flex space is arranged with a reception area and three separate rooms. Vinyl plank flooring, recently installed blinds, and fresh paint are in place, along with natural gas heat and central air conditioning. A fenced outdoor area is also part of the property.
The space is near Lafayette Sq. Its stated potential uses include retail, office, and warehouse space.
The space is near Lafayette Sq. Its stated potential uses include retail, office, and warehouse space.
Key Highlights
- Fenced outdoor area
- Reception area and 3 separate rooms
- Natural gas heat and central A/C
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$180,338
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,606,760
$3.6M
Cap Rate 7%
$2,576,257
$2.6M
Cap Rate 9%
$2,003,756
$2.0M
Market Conditions
NOI Build-Up for 16,954 SF
Gross rent
$272.6K $16.08/SF
− Vacancy
−$15.0K −$0.88/SF
EGI
$257.6K $15.20/SF
− OpEx
−$77.3K −$4.56/SF
NOI
$180.3K $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%
$3,606,760
Cap Rate 7%
$2,576,257
Cap Rate 9%
$2,003,756
Alternative Uses
Best Use
Flex RnD
$4.23M
$3.70M – $4.93M
NOI $295,797 @ 7.0% cap · market cap 9,859.90%
Second Best
Retail
$3.98M
$3.48M – $4.64M
NOI $278,561 @ 7.0% cap · market cap 9,285.37%
Theoretical Best
Office A
$10.04M
$8.78M – $11.71M
NOI $702,569 @ 7.0% cap · market cap 23,418.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,876
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01830, MA
27,553
Population
11,159
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
89%
High-School Grad
13.9 sq mi
ZIP Area
1,982
Density / Sq Mi
$79,784
Median Household Income
$49,289
Median Earnings
$1,602
Median Rent
$436,400
Median Home Value
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Market
Vacancy Rate% for Industrial 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 - The interior has a reception area, three separate rooms, and central air conditioning.
Where is this flex space located?
The property is located at 37 Stevens Street Haverhill, MA.
What are key features of this property?
This property features: Fenced outdoor area; Reception area and 3 separate rooms; Natural gas heat and central A/C
