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Property profile & analytics
OFF-MARKET
Turn key restaurants

119 Cedar St Haverhill, MA 01830-3923

1,269 SF 0.04 ac lot Built 1900
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US38-0701649
Property summary
AI-generated overview

This unique 0.04-acre property located at 119 Cedar St, Haverhill, MA, presents a compelling redevelopment opportunity. Previously operating as a local tavern, the building offers a blank canvas for a variety of commercial ventures. The property is being sold as-is, with all contents remaining. Buyers are responsible for conducting their own due diligence to determine the feasibility of their intended use and to secure all necessary city approvals. It's important to note that the only source of heat within the building is a pellet stove. The square footage of the building is not currently available. This presents a rare chance to acquire a centrally located property in Haverhill, MA, with significant upside potential. The property's history as a well-established tavern suggests strong potential for continued commercial use, subject to the buyer's due diligence and securing the appropriate permits. The compact 0.04-acre lot provides a manageable footprint for redevelopment, making it an attractive option for entrepreneurs and investors alike. The asking price is $209,000. Serious inquiries only. All information provided is believed to be accurate but is not guaranteed. Buyers are advised to verify all details independently.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction FRAME
Total area 1,269 SF
Lot 0.04 ac (1,690 SF)
Zoning code TY
APN HAVE M:0612 B:00496 L:4
UPID US38-0701649
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Richard Leclaire · 3 yrs held
Richard Leclaire
since 2023
Last sale
$105,000
7 recorded transactions
2026
Price N/A
2023
$105,000
2022
$100,000
2020
Price N/A
2011
$100,000
2009
$123,000
2004
Price N/A
Zoning & alternative use
TY · Haverhill, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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