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Queen Anne Style Office Building
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69-71 Summer St, Haverhill, MA 01830

Freshly renovated private offices with abundant windows and natural light, plus an attached carriage house with additional suites.

Property Size4,000 SF
Price / SF$0.08
Days on Market107

Property Features for 69-71 Summer St

General Information

Standard status Active
Size 4,000 SF
Property subtype Commercial

Additional Details

Office Units 16

Amenities

common area
kitchenette

Building Details

Year Built 1880
Construction Queen Anne style brick classic
Tenancy Multi
Listing Agency: Coldwell Banker Realty - Haverhill
Listed By: Kevin Burke · License #MA 9531126
Source: Lockandkeyre
Added: Jul 7 Changed: Oct 21 Last Checked: Oct 20 at 10:12PM

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 Coldwell Banker Realty - Haverhill

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Investment Insights

Based on property information with market context.

This Queen Anne style brick office building offers 13 individual offices that can be leased separately or combined into clusters. Many of the offices and a portion of the common area have been freshly renovated, and the layout includes lots of windows designed to bring in natural light.

The property also includes a separate Carriage House with three additional offices, along with common area space and a kitchenette. These carriage house offices may be rented individually or grouped together, depending on tenant needs.

Located at 69-71 Summer St in Haverhill, the building is close to downtown, with nearby restaurants and shops.

Key Highlights

  • Queen Anne‑style brick building built in 1880 with 13 individual office spaces
  • Office suites available separately or in clusters, with listed rents from $325 to $650 per space
  • Many offices and portions of the common area are freshly renovated

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$111,492
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,229,840 $2.2M
Cap Rate 7%
$1,592,743 $1.6M
Cap Rate 9%
$1,238,800 $1.2M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$182.4K $45.60/SF
− Vacancy
−$33.7K −$8.44/SF
EGI
$148.7K $37.16/SF
− OpEx
−$37.2K −$9.29/SF
NOI
$111.5K $27.87/SF
Area
Essex County, MA
Vacancy
18.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,229,840
Cap Rate 7%
$1,592,743
Cap Rate 9%
$1,238,800

Alternative Uses

Best Use
Office B
$1.59M
$1.39M – $1.86M (±1% cap)
NOI $111,492 @ 7.0% cap · market cap 34,305.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.37M
$2.07M – $2.76M (±1% cap)
NOI $165,759 @ 7.0% cap · market cap 51,002.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Food Market Hotel & Motel Florist Storage Facility

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

Lease Details

16
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,971
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Freshly renovated private offices with abundant windows and natural light, plus an attached carriage house with additional suites.
Where is this office building located?
The property is located at 69-71 Summer St Haverhill, MA.
What are key features of this property?
This property features: Queen Anne‑style brick building built in 1880 with 13 individual office spaces; Office suites available separately or in clusters, with listed rents from $325 to $650 per space; Many offices and portions of the common area are freshly renovated
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