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    21 Locust St Northampton, MA 01060

    Sponsored
    For Sale
    Contact for pricing

    Prime Northampton location, 3000+ sq ft, bank ready.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This turnkey branch bank opportunity presents a unique chance to establish or relocate your financial institution in a high-traffic area of Northampton, Massachusetts. Located at 21 Locust Unit 1A, this 3000+ square foot property sits directly across from Cooley Dickinson Hospital, ensuring high visibility and accessibility to a substantial customer base. The property features a well-designed layout, including a spacious lobby complete with a teller line, providing immediate functionality for banking operations. Four private offices offer ample space for administrative staff and client meetings, while a convenient drive-up window and ATM cater to customer convenience. A dedicated break room adds to the functionality and comfort of the space. The property is situated on a 0.25-acre lot, offering ample parking and convenient access. Its strategic location between Downtown Northampton and the Florence Center, on Route 9, ensures excellent exposure to a diverse range of potential clients. This is a rare opportunity to acquire a fully equipped and ready-to-use banking facility in a prime location, minimizing setup time and maximizing operational efficiency. The asking price is $20 million. This property is offered as-is.

    Property Features for 21 Locust St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,890 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Northampton
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.65285
    Latitude
    42.33176

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Northampton location, 3000+ sq ft, bank ready.
    Where is this commercial real estate located?
    The property is located at 21 Locust St Northampton, MA.
    What is the asking price?
    The asking price for this property is $20.
    (413) 584-5700
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    21 Locust St Northampton, MA 01060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 Locust St Northampton, MA 01060
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