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Property profile & analytics
OFF-MARKET Estimated value $1,205,000
Investment properties

21 Locust St Northampton, MA 01060-2027

8,820 SF 0.25 ac lot Built 1970
Entity Owned Free & Clear
Property ID
US38-1070688
Property summary
AI-generated overview

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 profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1970
Construction FRAME
Total area 8,820 SF
Lot 0.25 ac (10,724 SF)
Zoning code NB
APN NHAM M:024A B:0221 L:0001
UPID US38-1070688
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.30M
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.21M
Owner & transaction history
Jahjan LLC
Jahjan LLC
since 2026
4 recorded transactions
2026
$599,900
2006
$1.3M
2006
$1
2006
Price N/A
Zoning & alternative use
NB · Northampton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Attachment 2 - Table of Use Regulations: GB, NB and M Districts Attachment 3 - Table of Dimensional and Density Regulations: GB, NB, M and EU-O Districts Attachment 4 - Table of Use and Dimensional Regulations: RR District Attachment 5 - Table of Use and Dimensional Regulations: SR District Attachment 6 - Table of Use and Dimensional Regulations: URA Distric…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 11.16 ac
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