240 Essex St Active

Haverhill,MA 01832

$ 750000

- Bed

- Bath

2370 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,370 sqft

Price per Sqft $316

MLS Listing ID 73267870

HOA Y/N false

Year Built 1900

Annual Tax Amount $3,926

Tax Year 2024

Lot Size 2,178 Sqft

Acres 0.05

Property Description

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.

Location

State MA

County Essex

Zoning CI

Direction I-495 to Exit 108, Route 97 south to Essex St

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available,110 Volts,220 Volts

Waterfront false

Roof Type Shingle

Total Parking Spaces 2

Others

Senior Community false

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