Value Add Mixed-Use Opportunity in Haverhill, MA

For Sale

240 Essex Street, Haverhill, MA 01832

This Haverhill property for sale is located at 240 Essex Street. The current listed sale price for Value Add Mixed-Use Opportunity in Haverhill, MA is $750,000. Value Add Mixed-Use Opportunity in Haverhill, MA is situated on a lot that is 0.05 acre in size.

Contacts

broker

Janet Faulkner

KW Commercial | Faulkner Commercial Group

broker

Lauren Defrancesco

KW Commercial | Faulkner Commercial Group

Property Details

  • Property Type Other
  • Units 0
  • Lot Size 0.05 Acre
  • Additional Rent Contact for pricing
  • # of Floors 2
  • Year Built 1900
  • Date Updated Nov 2, 2024

An Opportunity Zone value add mixed-use opportunity! The Lantern Cafe has been a fixture in Haverhill for over 40 years and is ready to turn the reigns over to a new owner or a developer with vision. This local bar is licensed for 55 capacity with 16 at the bar. In addition to the street-level bar, there is a two-bedroom apartment above. This is located in Opportunity Zone 2608, which may offer incentives for redevelopment.

The 2,370sf structure is situated on a .048-acre lot in the commercial zone, which allows many uses by right or exception. A 660sf basement not included in the stated square footage is currently used for storage. Close to bus & train terminals and public parking lots. All furniture, fixtures, and equipment are included in the sale as well as all transferrable licenses.

All information was obtained from the seller and public records, prospective buyers are encouraged to perform all due diligence necessary for their contemplated acquisition.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 89/100

    Walk Score ®

  • 41/100

    Transit Score ®

  • 29/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Haverhill, MA
  • Neighborhood Haverhill
  • Zip Code 01832
  • Market Boston

Points of Interest

  • Haverhill

    0.23 miles

  • Bradford

    0.65 miles

  • Taxi Merrimack

    5.82 miles

  • Mike's Sunoco

    1.05 miles

  • Cumberland Farms

    1.39 miles

  • Sunoco

    1.41 miles

  • BJ’s Gas

    2.01 miles

  • Irving

    2.42 miles

  • A L Prime Energy

    2.53 miles

  • Haffner's

    2.66 miles

  • Speedway

    2.72 miles

  • Racing Mart

    2.76 miles

  • Mobil

    2.77 miles

  • Commuter Rail Parking

    0.20 miles

  • Haverhill MVRTA Parking Garage

    0.21 miles

  • Herbert H. Goecke Parking Deck

    0.54 miles

  • Rest Area I-495 (North Bound)

    2.33 miles

  • Temporary Parking

    3.93 miles

  • Georgetown Park and Ride

    6.15 miles

  • Methuen Park and Ride

    6.58 miles

  • Lot B

    7.52 miles

  • Lot A

    7.53 miles

  • Lot C

    7.54 miles

  • Best Western Plus Merrimack Valley

    1.41 miles

  • Hampton

    1.51 miles

  • Holiday Inn Express

    6.76 miles

  • Days Hotel

    6.77 miles

  • Courtyard Place

    7.78 miles

  • Homewood Suites by Hilton Boston / Andover

    7.83 miles

  • Courtyard Boston Andover

    7.92 miles

  • DoubleTree

    8.19 miles

  • SpringHill Suites Boston Andover

    8.34 miles

  • Residence Inn

    8.41 miles

  • Market Basket

    0.74 miles

  • Burlington

    1.33 miles

  • Target

    1.57 miles

  • The Loop

    4.06 miles

  • Marshalls

    4.07 miles

  • Butcher Boy

    4.39 miles

  • Walmart

    4.50 miles

  • Mello's Supermarket

    5.69 miles

  • Constanza Market

    5.70 miles

  • TJ Maxx

    6.87 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Value Add Mixed-Use Opportunity in Haverhill, MA