Property profile

223 Lincoln Ave Haverhill, MA 01830

OFF-MARKET
Neighborhood centers
63,203 SF Built 1960
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Property summary

AI-generated overview

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 profile

Verified
Property type Neighborhood centers
Year built 1960
Total area 63,203 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

223 Lincoln Ave Haverhill, MA 01830
Haverhill metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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