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57 River St 5,050 SF 100% Leased Retail Building Haverhill, MA 01832 $764,648 CAD ($151.42 CAD/SF)



Investment Highlights
- Heavy foot traffic
- Apartment possible
- High car count
Executive Summary
1. High-Visibility Corridor on Route 110 Situated on River Street / Route 110, one of Haverhill's primary arterial routes connecting downtown to I-495. The property enjoys exceptional exposure to heavy daily vehicle and foot traffic in both directions, with neighboring tenants including Enterprise Rent-A-Car.
2. MBTA Commuter Rail Proximity Haverhill Station — an MBTA commuter rail and Amtrak stop — is nearby on Route 110/113, bringing a steady flow of daily commuters and pedestrian traffic past the property year-round.
3. Immediate Cash Flow Potential The first floor is occupied by an established nail salon, providing day-one rental income. The vacant second floor (~1,675 SF) represents untapped revenue — lease it separately or owner-occupy to offset holding costs.
4. Flexible CG Zoning — Maximum Use Optionality CG (General Commercial) is Haverhill's most permissive retail/commercial designation, permitting a broad range of by-right uses. An investor can reposition the building for nearly any commercial purpose without costly rezoning battles.
5. City-Backed Revitalization Tailwind Haverhill's Vision 2035 master plan and an active RAISE federal grant application specifically target the River Street corridor for infrastructure upgrades, streetscape improvements, and economic investment — signaling rising property values ahead.
6. I-495 Access & Regional Draw Easy access to I-495 makes this location attractive for businesses serving a regional customer base across the Merrimack Valley. The property sits at the intersection of local foot traffic and regional highway convenience.
CG-PERMITTED USE CASES FOR REPOSITIONING Salon / Spa | Law / Accounting Office | Insurance Office | Retail Storefront | Medical / Dental | Financial Services | Food & Beverage | Tech / Co-Working
Rarely does a commercial space check this many boxes. Located in the heart of downtown Haverhill, 57 River Street sits at the intersection of visibility and convenience — a high-traffic corridor where foot traffic, drive-by exposure, and community energy work in your favor from day one. Steps from restaurants, cafés, and the waterfront, and minutes from I-495 and the Haverhill commuter rail station, this is a location that works for your business and your clients. The ±3,350 sq. ft. layout spans two floors and adapts to nearly any use professional office, creative studio, retail, or service-based business. A flexible floor plan, 1.5 bathrooms (one with shower), and a highly functional upper level round out the offering. That upper floor opens the door to serious upside: an accessory apartment, live/work configuration, expanded operations, or future growth subject to local approvals and buyer due diligence. Downtown Haverhill is having a moment. This is your opportunity to be part of it.
2. MBTA Commuter Rail Proximity Haverhill Station — an MBTA commuter rail and Amtrak stop — is nearby on Route 110/113, bringing a steady flow of daily commuters and pedestrian traffic past the property year-round.
3. Immediate Cash Flow Potential The first floor is occupied by an established nail salon, providing day-one rental income. The vacant second floor (~1,675 SF) represents untapped revenue — lease it separately or owner-occupy to offset holding costs.
4. Flexible CG Zoning — Maximum Use Optionality CG (General Commercial) is Haverhill's most permissive retail/commercial designation, permitting a broad range of by-right uses. An investor can reposition the building for nearly any commercial purpose without costly rezoning battles.
5. City-Backed Revitalization Tailwind Haverhill's Vision 2035 master plan and an active RAISE federal grant application specifically target the River Street corridor for infrastructure upgrades, streetscape improvements, and economic investment — signaling rising property values ahead.
6. I-495 Access & Regional Draw Easy access to I-495 makes this location attractive for businesses serving a regional customer base across the Merrimack Valley. The property sits at the intersection of local foot traffic and regional highway convenience.
CG-PERMITTED USE CASES FOR REPOSITIONING Salon / Spa | Law / Accounting Office | Insurance Office | Retail Storefront | Medical / Dental | Financial Services | Food & Beverage | Tech / Co-Working
Rarely does a commercial space check this many boxes. Located in the heart of downtown Haverhill, 57 River Street sits at the intersection of visibility and convenience — a high-traffic corridor where foot traffic, drive-by exposure, and community energy work in your favor from day one. Steps from restaurants, cafés, and the waterfront, and minutes from I-495 and the Haverhill commuter rail station, this is a location that works for your business and your clients. The ±3,350 sq. ft. layout spans two floors and adapts to nearly any use professional office, creative studio, retail, or service-based business. A flexible floor plan, 1.5 bathrooms (one with shower), and a highly functional upper level round out the offering. That upper floor opens the door to serious upside: an accessory apartment, live/work configuration, expanded operations, or future growth subject to local approvals and buyer due diligence. Downtown Haverhill is having a moment. This is your opportunity to be part of it.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,050 SF
Building Class
C
Year Built
1910
Price
$764,648 CAD
Price Per SF
$151.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
3.16
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
CG - CG-PERMITTED USE CASES FOR REPOSITIONING Salon / Spa | Law / Accounting Office | Insurance Office | Retail Storefront | Medical / Dental | Financial
Parking
12 Spaces (2.38 Spaces per 1,000 SF Leased)
Frontage
57’ on River St
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | HAVE-000500-000228-000005 | Improvements Assessment | $238,570 CAD |
| Land Assessment | $116,783 CAD | Total Assessment | $355,353 CAD |
Property Taxes
Parcel Number
HAVE-000500-000228-000005
Land Assessment
$116,783 CAD
Improvements Assessment
$238,570 CAD
Total Assessment
$355,353 CAD
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