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    223 Lincoln Ave Haverhill, MA 01830

    Sponsored
    For Lease
    Contact for pricing

    Prime Haverhill retail space, strong anchors.

    Lot size:
    63,203 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Rivers Edge Plaza, located at 223 Lincoln Ave, Haverhill, MA 01830, presents a compelling investment opportunity in a thriving retail center. This 63,203 square foot strip center, built in 1960 and renovated in 1985, sits on a 6.93-acre lot and offers multiple tenancy options. Spaces range from a minimum of 2,125 square feet to a maximum contiguous space of 6,396 square feet, providing flexibility for various retail businesses. The property boasts 375 parking spaces and benefits from a Commercial Highway (CH) zoning designation. Its strategic location on Route 97 ensures high visibility and accessibility, with daily traffic counts exceeding 20,000 vehicles. The center is anchored by prominent national tenants including Market Basket, CVS, and Aubuchon Hardware, complemented by other established businesses such as Cardsmart, Supercuts, Dollar Tree, Dunkin' Donuts, and Burger King. The surrounding area demonstrates strong demographics, with over 86,000 residents within a 5-mile radius and an average household income exceeding $81,000. This combination of strong anchors, high traffic counts, and a desirable location makes Rivers Edge Plaza an exceptional retail investment opportunity. Three spaces are currently available.

    Property Features for 223 Lincoln Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    63,203 SF

    Building Details

    Year Built/Renovated
    1960/1985

    Unit(s) available at that property

    Space
    Sutie 227
    Size
    6,396 SF
    Space
    Suite 231A
    Size
    4,827 SF
    Space
    Suite 255
    Size
    2,700 SF

    HighLights

    • Strong tenant lineup including Market Basket, CVS, Aubuchon Hardware, and Dollar Tree.
    • Excellent visibility and high traffic counts (approx. 20,000 VPD) on Route 97.
    • 63,203 square foot neighborhood shopping center in a densely populated area.
    • Additional desirable tenants include Dunkin', Burger King, and Dr. Dental.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Haverhill
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.038657
    Latitude
    42.7620774

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Haverhill retail space, strong anchors.
    Where is this neighborhood center located?
    The property is located at 223 Lincoln Ave Haverhill, MA.
    What are key features of this property?
    This property features: Strong tenant lineup including Market Basket, CVS, Aubuchon Hardware, and Dollar Tree.; Excellent visibility and high traffic counts (approx. 20,000 VPD) on Route 97.; 63,203 square foot neighborhood shopping center in a densely populated area.
    Request Owner's contact information
    223 Lincoln Ave Haverhill, MA 01830
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    223 Lincoln Ave Haverhill, MA 01830
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