Zoned WD-H (Waterfront District H), the property is located within one of Haverhill’s waterfront development districts, designed to encourage higher-density residential and transit-oriented development. The district allows for multifamily residential development and offers increased density potential, with building heights permitted up to 74 feet. Buyers and developers are encouraged to perform their own due diligence with the City of Haverhill regarding permitted uses, density, approvals, and development potential. There is currently a building on the lot that is in great condition and operating as a restaurant with a tenant at will.