$6,000,000
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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.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 2008
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Additional Details
- Zoning: C
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2025
- Taxes: $29,020
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