Property summary
This exceptional Haverhill, MA restaurant presents a unique investment opportunity. The 5,640 square foot property, built in 1900, is situated on a 3,659 square foot lot and features two units across two stories within a single building. Currently operating as a fully equipped restaurant serving breakfast, lunch, and dinner, it boasts a modern dining area, full bar, and a versatile function hall ideal for events. The high-traffic location in a thriving downtown area ensures excellent visibility and consistent customer flow. The property is zoned for commercial use and offers significant income potential through the function hall rental. The asking price is $1,200,000, and seller financing may be available for qualified buyers. This turnkey operation provides immediate income and substantial growth potential in a desirable location. The property's two units and established clientele make it an attractive investment for both seasoned restaurateurs and new entrepreneurs. This is a rare opportunity to acquire a well-established business with significant upside in a prime location.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
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
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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
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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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