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    Property profile & analytics
    OFF-MARKET Estimated value $1,270,000
    Turn key restaurants

    124 Essex St, Haverhill, MA 01832-5612

    2,525 SF 0.19 ac lot Built 1900
    Individually Owned Free & Clear
    Property ID
    US38-0608526
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Smith's Tavern Nightclub Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.34M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.27M
    Owner & transaction history
    T J Moore Separate Prop T
    T J Moore Separate Prop T
    since 2025
    Last sale
    $1.2M
    3 recorded transactions
    2025
    $550,000
    2022
    $1.2M
    2011
    Zoning & alternative use
    TY · Haverhill, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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