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Property profile & analytics
OFF-MARKET Estimated value $585,000
Automotive properties

551 Riv St Haverhill, MA 01832-5141

14,715 SF 0.66 ac lot Built 1900
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US38-0427548
Property summary
AI-generated overview

This exceptional Haverhill, MA property at 551 River Street presents a unique investment opportunity. Spanning nearly 29,000 square feet on a 0.66-acre lot, the property currently operates as a well-established used car lot with over 15,000 square feet of flexible leasable space. The existing car sales business has been in operation for many years and the license is negotiable with the sale. The property's versatility allows for a multitude of uses, including industrial, retail, or office space. Ample surface parking is available, catering to both business operations and customer needs. The property's location on River Street ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. Consider the potential for establishing your own business while simultaneously generating income through commercial leasing. The substantial size and adaptable nature of this property offer a rare chance to create a thriving commercial enterprise. The existing infrastructure provides a solid foundation for immediate occupancy and operation, minimizing initial setup costs. This is a prime opportunity for an investor seeking a high-return property with significant upside potential. Contact us today to learn more about this remarkable commercial property and explore the possibilities it offers.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1900
Construction FRAME
Total area 14,715 SF
Lot 0.66 ac (28,732 SF)
Zoning code TY
APN HAVE M:0508 B:00255 L:2
UPID US38-0427548
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
  • East Coast Auot Detailing Car Wash
  • Bob Baker's Auto Sales Car Dealership
  • East coast professional auto detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$723k
Blend (final) Blend
$585k
Owner & transaction history
551 Realty LLC · 1 yrs held
551 Realty LLC
since 2025
6 recorded transactions
2025
$1.2M
2018
$870,000
2013
Price N/A
2013
Price N/A
2006
$850,000
2001
Price N/A
Zoning & alternative use
TY · Haverhill, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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