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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73492767
HOA Y/N false
Year Built 2008
Annual Tax Amount $29,020
Tax Year 2025
Property Description
Fully occupied by Little Sprouts and Haverhill Public Schools, this property presents a rare opportunity to acquire a fully leased, cash-flowing commercial asset in a high-growth market outside Boston. The property consists of approximately 31,0-30 SF on a 1.22-acre site with immediate access to I-495 & major commuter routes, supporting strong regional accessibility and sustained tenant demand. The building is 100% leased to established childcare & early education users, providing stable, necessity-based income in a sector with a persistent supply-demand imbalance. Haverhill continues to face a shortage of licensed childcare, reinforcing long-term occupancy and rent stability. Value-add potential includes a ±10,000 SF lower level suitable for storage or complementary uses to increase NOI, along with approved vertical expansion allowing additional rentable square footage without entitlement risk. Mixed-use zoning supports residential & commercial uses, further enhancing long-term value.
Location
State MA
County Essex
Zoning C
Direction I-495 to MA-110 W/MA-113 W/River St to W Lowell Ave
Exterior
Utilities Available Public Water, Private Water, Natural Gas Available, 110 Volts
Others
Senior Community false
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Listed by Bella View Realty Group, LLC
NEARBY SCHOOL & BUSINESS
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