Property profile

92 Merrimack St Haverhill, MA 01830

OFF-MARKET
Turn key restaurants
Property ID
US38-1464409
4,515 SF 0.06 ac lot Built 1910
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1910
Construction FRAME
Total area 4,515 SF
Lot 0.06 ac (2,736 SF)
Zoning code TY
APN HAVE M:0101 B:00001 L:5
UPID US38-1464409

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
  • Restaurant

Location

92 Merrimack St Haverhill, MA 01830-6217
Haverhill metro Census 260100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
$791k
Blend (final) Blend
$1.01M

Owner & transaction history

since 2025
Last sale
$1.1M
1 recorded transaction
2025
$1.1M

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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