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Little Sprouts Haverhill School 443 W Lowell Ave 30,966 SF 100% Leased Office Building Haverhill, MA 01832 $9,944,640 CAD ($321.15 CAD/SF)
Investment Highlights
- Premium childcare design features
- Value-Ad Basement & Approved Vertical Expansion
- Fully Occupied
Executive Summary
Rare opportunity to acquire a fully leased, cash-flowing commercial asset in one of the fastest-growing locations outside of Boston. 443 W Lowell Avenue offers approximately 30,966 SF on a 1.22-acre site, strategically located with immediate access to I-495 and major commuter routes, providing strong regional accessibility and long-term tenant demand. The property is 100% occupied by established childcare and early educational users, delivering stable, necessity-based income in a sector driven by persistent supply-demand imbalance. Haverhill continues to experience a significant shortage of licensed childcare capacity, reinforcing long-term occupancy and rent sustainability in this asset class. This investment is further distinguished by its built-in value-add components. A +/-10,000 SF lower level presents immediate potential to increase NOI through storage or complementary uses, offering investors a clear path to revenue expansion. Additionally, the property benefits from rare approved vertical expansion, creating a unique opportunity to significantly increase rentable square footage and future income without the typical entitlement risk. Additionally, the mixed used zoning classification of this property, typically allows a combination of residential and commercial uses, such as professional offices, retail stores, consumer services, restaurants, and residential units, making the future value of this asset even more valuable. Purpose-built childcare facilities remain in limited supply and are supported by high barriers to entry, making this a highly defensible investment with strong tenant retention characteristics. Combined with its strategic location, stable in-place income, and multiple avenues for growth, 443 W Lowell Avenue represents a compelling opportunity for investors seeking both yield and long-term value creation. Please inquire for all financials and lease information.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
30,966 SF
Building Class
B
Year Built
2008
Price
$9,944,640 CAD
Price Per SF
$321.15 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,300 SF
Building FAR
0.58
Lot Size
1.22 AC
Zoning
Mixed Use - Professional offices, retail stores, consumer services, restaurants, and residential units.
Parking
52 Spaces (1.68 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | HAVE-000581-000001-000004-000003-000003 | Improvements Assessment | $3,323,305 CAD |
| Land Assessment | $419,194 CAD | Total Assessment | $3,742,499 CAD |
Property Taxes
Parcel Number
HAVE-000581-000001-000004-000003-000003
Land Assessment
$419,194 CAD
Improvements Assessment
$3,323,305 CAD
Total Assessment
$3,742,499 CAD
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Presented by
Bella View Realty Group, LLC
Little Sprouts Haverhill School | 443 W Lowell Ave
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