$ 750,000
240 Essex St Haverhill, MA 01832
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$ 750,000
Est. payment /mo
Price Dropped by $50K
240 Essex St Haverhill, MA 01832
2,370 SqFt
UPDATED:
09/27/2024 07:05 AM
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
Listed by Keller Williams Realty