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    398-400 Main St Holyoke, MA 01040

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    For Sale
    $1,200,000

    Mixed-use building featuring residential units and retail spaces.

    Lot size:
    0.06 Acres

    Property Features for 398-400 Main St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1920

    Source: Gallagher Real Estate Agent The Andujar, Gallagher, Aguasvivas & Bloom Team

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

    Overview

    Mixed-Use Building with Retail Spaces

    This mixed-use building includes 12 residential units, consisting of 6 one-bedroom apartments and 6 studio apartments, along with 2 retail spaces. Each unit is equipped with separately metered gas and electric, which allows for simplified management and greater tenant autonomy. The retail space is suitable for leasing to tenants or for establishing a business on Main Street, which experiences high traffic. This property offers income potential and opportunities for long-term growth.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Holyoke
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6078333
    Latitude
    42.1988579

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building featuring residential units and retail spaces.
    Where is this mixed-use property located?
    The property is located at 398-400 Main St Holyoke, MA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Mixed-use building with **12 residential units and 2 retail spaces**; - Strong income potential and long-term growth opportunities; - **High-traffic Main Street location** for retail
    (413) 536-7232
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    398-400 Main St Holyoke, MA 01040
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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
    398-400 Main St Holyoke, MA 01040
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