389 Main St, Holyoke, MA 01040
Historic restaurant location for sale on Main Street.
- Added:
- Apr 23, 2026
- Days on Market:
- 50
- Last Refresh:
- Apr 23 at 10:42 am
Property Features for 389 Main St
General Information
- Standard status
- Active
- Size
- 988 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing agent Zaisha Robert (413) 557-4846
Listing office SR Commercial Realty (413) 557-4846
Listing date Apr 23, 2026
Source Alliancepartnersre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SR Commercial Realty
HighLights
- Iconic location on Main Street
- Ideal for a legacy restaurant
- Surrounded by residential and commercial properties
- Easy bus access
- Opportunity to shape the future of Main Street
- Building built in 1920
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.8k | $18.00 |
| − Vacancy | −$747 | −$0.76 |
| EGI | $17.0k | $17.24 |
| − OpEx | −$4.3k | −$4.31 |
| NOI | $12.8k | $12.93 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Blue Door Gatherings — 400 Dwight St, Holyoke, MA 01040
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6081586
- Latitude
- 42.1992918
