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.
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Last Updated: October 8th, 2024 at 7:23pm
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General Information for 240 Essex St, Haverhill, Massachusetts 01832
Property TypeCommercial Sale
Price$750,000
MLS #73267870
List Date2024-07-22
Special Listing ConditionsNo
StateMassachusetts
Street NameEssex St
Unit
CityHaverhill
Zip Code01832
CountyEssex
MLS Status
AssociationNo
Heat Zones
Sold Date
Building Area Total2370
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress240 Essex St, Haverhill MA 01832
Zoning
Zoning DescriptionLegal Conforming
Business TypeCommercial
Interior Features for 240 Essex St, Haverhill, Massachusetts 01832
* Approx. Living Area Total2,370 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 240 Essex St, Haverhill, Massachusetts 01832
* Parking Spaces2
* Year Built1900
Year Built Details
Year Built Source
Construction MaterialsNo
Approx. Street Frontage
Utilities
Disclosures for 240 Essex St, Haverhill, Massachusetts 01832
Buyer Agent Compensation
Contingency
FinancingNo
Disclosures
Documents AvailableNo
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 240 Essex St, Haverhill, Massachusetts 01832
Association Fee$0
Association Fee Frequency
Associaton Fee IncludesNo
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease Type
OriginalListPrice$800,000
Lifestyle Information for 240 Essex St, Haverhill, Massachusetts 01832
Association AmenitiesNo
Frontage Type
GarageYNNo
Location information for 240 Essex St, Haverhill, Massachusetts 01832
Marketing History for 240 Essex St, Haverhill, Massachusetts 01832
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PurchaseContractDate
Agent Information for 240 Essex St, Haverhill, Massachusetts 01832