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    OFF-MARKET
    Neighborhood centers

    223 Lincoln Ave, Haverhill, MA 01830

    63,203 SF Built 1960
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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