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    OFF-MARKET
    Warehouses

    37 Stevens St, Haverhill, MA 01830-4819

    16,954 SF 0.6 ac lot Built 1900
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US38-2310694
    Property summary
    AI-generated overview

    This 850-square-foot commercial unit, located at 37 Stevens Street, Unit 203, Haverhill, MA, presents a unique opportunity for a variety of businesses. Its convenient location near Lafayette Square makes it easily accessible to customers and employees. The space is currently configured as a flexible area suitable for retail operations, professional offices, or even light warehouse/manufacturing use. The layout offers potential for modification to better suit individual business needs, allowing for customization to optimize workflow and functionality. A significant advantage is the inclusion of a new mini-split system providing efficient heating and air conditioning, ensuring year-round comfort. The property is priced at $1200. Tenants are responsible for all utilities, offering control over operational expenses. This property is an excellent choice for entrepreneurs and established businesses seeking a well-located and adaptable space in a thriving area. The flexible nature of the space makes it a compelling option for a wide range of commercial ventures. Its proximity to Lafayette Square adds to its appeal, offering convenient access and high visibility. The inclusion of a new HVAC system further enhances the property's value and appeal.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1900
    Construction FRAME
    Total area 16,954 SF
    Lot 0.6 ac (26,241 SF)
    Zoning code TY
    APN HAVE M:0307 B:00002 L:8
    UPID US38-2310694
    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
    • Ideal Frame (Bike/Boat/Book/etc) Store Home Decor Store
    • Little Miracles Daycare Haverhill Daycare Center
    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
    Rice Properties Lt · 2 yrs held
    Rice Properties Lt
    since 2023
    Last sale
    $170,000
    7 recorded transactions
    2023
    2020
    2012
    2011
    $170,000
    2008
    $1
    2006
    $475,000
    2006
    Zoning & alternative use
    TY · Haverhill, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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