Property summary
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
VerifiedCap rate & NOI
Current use
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Nightclub Bar & Pub
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
TY · Haverhill, MAZoning
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Zoning designation
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