Property profile

124 Essex St Haverhill, MA 01832

OFF-MARKET
Turn key restaurants
Property ID
US38-0608526
2,525 SF 0.19 ac lot Built 1900
Individually Owned Free & Clear
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Property summary

AI-generated overview

This thriving sports bar and tavern, located in the heart of Haverhill's Riverfront Cultural District at 124 Essex Street, presents a unique investment opportunity. Established for many years, this business boasts a prime downtown location with convenient off-street parking accommodating approximately 15 vehicles. The building itself underwent a complete reconstruction in 2011, ensuring modern functionality and aesthetics. The classic open-barroom layout is ideal for maximizing customer interaction and creating a lively atmosphere. The sale includes the established business, complete with a restaurant and liquor license. The property also holds approval for lottery sales, although this feature has never been implemented, presenting a potential avenue for increased revenue. The bar is a popular destination, attracting patrons with its pool tables, dart boards, video games, and live entertainment offered on Friday and Saturday evenings. This turnkey operation offers immediate income potential and the chance to capitalize on a well-established customer base in a vibrant and growing area. The 0.19-acre lot provides ample space for outdoor seating or potential expansion. This is an exceptional opportunity to own a successful and well-regarded business in a desirable location. The asking price is $1,100,000.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction FRAME
Total area 2,525 SF
Lot 0.19 ac (8,211 SF)
Zoning code TY
APN HAVE M:0302 B:00056 L:6
UPID US38-0608526

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nightclub Bar & Pub

Location

124 Essex St Haverhill, MA 01832-5612
Haverhill metro Census 260100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.34M

Owner & transaction history

since 2025
Last sale
$1.2M
3 recorded transactions
2025
$550,000
2022
$1.2M
2011
Price N/A

Zoning & alternative use

TY · Haverhill, MA

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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