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 Checked: December 20th, 2024 at 5:20am (Source: MLS PIN #73267870)
General Information for 240 Essex St, Haverhill MA 01832
Listing ID73267870
Property TypeCommercial Sale / Commercial
Price$750,000
Style
CityHaverhill
CountyEssex
MLS Area
Neighborhood(s)
Garage Parking
ZoningCI
AssociationNo
Year Built1900
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 240 Essex St, Haverhill MA 01832
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Senior CommunityNo
Special Listing Conditions
For Sale By OwnerNo
Exclusions
Disclosures
Title 5
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Contact Information for 240 Essex St, Haverhill MA 01832