200 Primrose StHaverhill, MA 01830

Property Details for 200 Primrose St

Year built

1983

Construction

FRAME

Lot size

0.05 AC

Property size (Sq ft)

1,356 SF

Zone code

TY

Property type

Showrooms

APN

HAVE M:0600 B:00448 L:1

APU

HAVEM0600B00448L1

Description

This exceptional commercial property at 200 Primrose St, Haverhill, MA, presents a unique investment opportunity. The stand-alone building boasts 1,356 square feet of versatile space, ideally suited for a variety of commercial uses. Situated on a convenient corner lot spanning 0.05 acres, the property offers excellent visibility and accessibility. The building features a spacious warehouse area, perfect for storage or workshop activities. A drive-in bay with a roll-up door, complete with an operator, ensures efficient loading and unloading. Additional features include a dedicated bathroom, a functional office space, and an attic loft providing extra storage capacity. The property is equipped with three-phase power, a Modine gas heater for reliable climate control, and a convenient on-slab foundation. This well-maintained building offers a blend of functionality and convenience, making it an attractive option for entrepreneurs and investors seeking a versatile commercial space in a desirable location. The property's prime location and ample features make it an ideal choice for businesses requiring both storage and office space. The combination of a drive-in bay, roll-up door, and three-phase power enhances operational efficiency. The inclusion of a bathroom and office space adds to the property's overall functionality and appeal. This is a rare opportunity to acquire a well-maintained, versatile commercial building in a thriving area. The asking price is $279,000.

• CAP approach

  CAP return

  Valuation

  6%

  $329,555

  6.5%

  $304,205

  7%

  $282,476

• Comparable approach

  Method

  Valuation

  Relative Method

  $446,481

  Geo Method

  $446,481

• Alternative Use

  Use

  Valuation

  Residential

  $256,608

  Hospitality

  $235,052

  Educational

  $195,560

  Medical

  $202,286

  Retail

  $304,205

Location Insight

City

Haverhill

County

Essex

State

Massachusetts

Latitude

42.7818

Longitude

-71.0861

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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