399 Main St, Haverhill, MA 01835-7209
This exceptional 0.19-acre commercial property located at 399 South Main Street in Haverhill, MA, presents a unique investment opportunity. Situated on a corner lot in a sought-after Commercial Neighborhood (CN) zone, this former paint building offers numerous potential uses, as detailed in the attached permitted uses table. The building itself requires complete rehabilitation or demolition, providing a blank canvas for a discerning buyer's vision. Despite needing significant work, the property boasts several key advantages. Its location on busy South Main Street ensures high visibility and traffic, making it ideal for a variety of commercial ventures. Furthermore, recent updates include an upgraded electrical system and a new boiler installed just three years ago, representing a cost saving for the next owner. The seller is offering the property "as is," and all prospective buyers are responsible for conducting their own due diligence to determine the feasibility of their intended use. This is a truly exceptional opportunity to acquire a strategically located commercial property with significant upside potential in a thriving area. The high traffic count and prime location make this a rare find. Don't miss out on the chance to transform this property into a successful commercial enterprise.
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White Street Paint & Wallpaper Hardware & Home Improvement Building Supply
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
TY · Haverhill, MAHaverhill. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.