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    21 Locust St Northampton, MA 01060

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    For Sale
    $599,000

    Commercial building with multiple units and redevelopment potential.

    Lot size:
    0.52 Acres

    Property Features for 21 Locust St

    General Information

    Lot size
    0.52 Acres

    Building Details

    Year built
    1970

    Source: The Murphys REALTORS, Inc. Agent David A Murphy

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

    Overview

    Northampton Retail Strip For Sale

    Located across from Cooley Dickinson Hospital on Locust Street, this large strip-style commercial building features four street-grade commercial spaces and two second-floor offices. Current tenants include a dry cleaner drop-off location and a T-shirt printer. Vacant spaces include a former beauty shop and a branch bank with a drive-up. Both second-floor offices are also vacant. The building has 208 3-phase power and multiple heating systems. In addition to Locust Street frontage, the property is also accessible from the rear off North Elm Street.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    -72.6528544
    Latitude
    42.3317776

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    FAQs

    What type of property is this?
    Strip mall - Commercial building with multiple units and redevelopment potential.
    Where is this strip mall located?
    The property is located at 21 Locust St Northampton, MA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - High-visibility location directly across from Cooley Dickinson Hospital on Locust Street; - Multiple commercial spaces, offering diverse leasing opportunities; - Dual street access from Locust Street and North Elm Street
    (413) 530-2275
    Request Owner's contact information
    21 Locust St Northampton, MA 01060
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    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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