Free-Standing Office/Retail
394 South Main Street Haverhill, MA 01835
394 South Main Street, Haverhill, MA, 01835
$579,900
For Sale
$579,900
Well-preserved freestanding office and retail building on highly traveled Rt 125 in Bradford with a flexible floor plan.
Property Size1,786 SF
Price / SF$324.69
Days on Market60
Property Features for 394 South Main Street
General Information
- Standard status
- Active
- Size
- 1,786 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing agency
Minco Commercial
Listed by
Laurence Marocco
(617) 396-3100
Source
Longwoodresidential
Added: May 24 Updated: Jul 21 at 5:31AM Checked: Jul 22 at 6:23AM
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 Minco Commercial
Investment Insights
Based on property information with market context.
This freestanding office/retail building offers a flexible floor plan suitable for a wide variety of uses. The property features well-preserved finishes and is laid out to support professional office and storefront-style activity.
Located along highly traveled Rt 125 in Bradford, the building benefits from high visibility. The property sits in the CN zoning district, where single-family uses are not allowed by right.
With its adaptable interior configuration and maintained finishes, the space is well suited for businesses seeking an office and retail presence in a single freestanding structure.
Located along highly traveled Rt 125 in Bradford, the building benefits from high visibility. The property sits in the CN zoning district, where single-family uses are not allowed by right.
With its adaptable interior configuration and maintained finishes, the space is well suited for businesses seeking an office and retail presence in a single freestanding structure.
Key Highlights
- 1930 well‑preserved freestanding office/retail building
- Located along highly traveled Rt 125 in Bradford
- Flexible floor plan for a wide variety of uses
Local Financial Insights For Office B
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 | $81.4k | $45.60 |
| − Vacancy | −$15.1k | −$8.44 |
| EGI | $66.4k | $37.16 |
| − OpEx | −$16.6k | −$9.29 |
| NOI | $49.8k | $27.87 |
1,786 SF · lease $45.60/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$711.2K
$622.3K – $829.7K
NOI $49,781 @ 7.0% cap · market cap 8.58%
Second Best
Retail
$419.2K
$366.8K – $489.1K
NOI $29,345 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$1.06M
$925.1K – $1.23M
NOI $74,011 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Newport Construction Haverhill
Construction Company
Mc Lennan & Co
Real Estate Agency
CENTURY 21 McLennan ...
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Well-preserved freestanding office and retail building on highly traveled Rt 125 in Bradford with a flexible floor plan.
Where is this office building located?
The property is located at 394 South Main Street Haverhill, MA.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: 1930 well‑preserved freestanding office/retail building; Located along highly traveled Rt 125 in Bradford; Flexible floor plan for a wide variety of uses
