399 Main St Haverhill, MA 01835-7209
Property summary
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
VerifiedCap rate & NOI
Current use
-
Hardware & Home Improvement Building Supply
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for TY in Haverhill, MA.
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Find the owner behind the property.
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