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    494 Newton St South Hadley, MA 01075

    For Lease
    $18 SF/Yr ($5,109 /Mo)

    3,406 SF space, formerly a bank branch, for lease.

    Property size:
    3,406 SF
    Lot size:
    3.18 Acres

    Property Features for 494 Newton St

    General Information

    Size
    3,406 SF
    Lot size
    3.18 Acres

    Source: Region Commercial Agent Ben Bolotin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Hadley Retail/Office Space

    This 3,406 square foot space is available for lease at $21.00 PSF NNN. The interior is built out as a bank, formerly a People's Bank branch, with private exterior offices and interior seating. Ample on-site parking is located at the rear of the building and includes a drive-up area. The building offers excellent street visibility, suitable for a local retailer.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Hadley
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.5830408
    Latitude
    42.2370049

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    FAQs

    What type of property is this?
    Office space - 3,406 SF space, formerly a bank branch, for lease.
    Where is this office space located?
    The property is located at 494 Newton St South Hadley, MA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Formerly a bank branch, already built out with private offices and interior seating; - Ample on-site parking at the rear of the building; - Features a drive-up area
    (413) 530-3215
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    494 Newton St South Hadley, MA 01075
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    South Hadley, MA 01075
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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
    494 Newton St South Hadley, MA 01075
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