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399 Main St Haverhill, MA 01835-7209

OFF-MARKET Retail space Google Maps
2,785 SF 0.19 ac lot Built 1860
Entity Owned ~ Est. High Equity
Estimated value (blended)
$275k
Range $248k – $303k (±10%)
Property ID US38-1453776

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1860
Construction FRAME
Total area 2,785 SF
Lot 0.19 ac (8,220 SF)
Zoning code TY
APN HAVE M:0717 B:00680 L:9
UPID US38-1453776

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
  • Hardware & Home Improvement Building Supply

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2025
Last sale
$300,000
5 recorded transactions
2025
$450,000
2025
$300,000
2007
$300,000
2001
$240,000
1987
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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