Retail Storefront with
For Sale
Contact for pricing
104 Damon Road # C, Northampton, MA 01060
Upgraded retail space with a large showroom, storage with an overhead door, and a back office leading to shared restrooms.
Property Size1,930 SF
Price / SF$1.17
Days on Market698
Property Features for 104 Damon Road # C
General Information
Standard status
Active
Size
1,930 SF
Property subtype
Commercial
Zoning
GB
Lease Type
NNN
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$33,527
Building Details
Building Size
1,930 SF
Year Built
1987
Listing Agency:
Delap Real Estate LLC
(413) 586-9111
Listed By:
Patricia Patenaude · License #449000791
(413) 374-1779
Source:
Churchillprop
Added: Nov 25, 2024
Changed: Oct 6
Last Checked: Oct 23 at 5:09AM
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 Delap Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This upgraded retail storefront includes a large showroom, a storage area with an overhead door, and a small back area/office. The suite also provides access to shared restrooms.
The property is positioned in a high-traffic environment with visibility, just a short distance from Rt 9 and the entrance to I-91. Downtown is also within a short drive.
The available configuration supports a retail-oriented layout with showroom sales space complemented by dedicated storage and a small office area, with shared restroom access for occupants and customers.
The property is positioned in a high-traffic environment with visibility, just a short distance from Rt 9 and the entrance to I-91. Downtown is also within a short drive.
The available configuration supports a retail-oriented layout with showroom sales space complemented by dedicated storage and a small office area, with shared restroom access for occupants and customers.
Key Highlights
- Retail building built in 1987
- Upgraded retail suite with a large showroom
- Includes storage area with an overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,638
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,760
$792.8K
Cap Rate 7%
$566,257
$566.3K
Cap Rate 9%
$440,422
$440.4K
Market Conditions
NOI Build-Up for 1,930 SF
Gross rent
$57.9K $30.00/SF
− Vacancy
−$1.3K −$0.66/SF
EGI
$56.6K $29.34/SF
− OpEx
−$17.0K −$8.80/SF
NOI
$39.6K $20.54/SF
Area
Hampshire County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,760
Cap Rate 7%
$566,257
Cap Rate 9%
$440,422
Alternative Uses
Best Use
Retail
$566.3K
$495.5K – $660.6K
NOI $39,638 @ 7.0% cap · market cap 1,761.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,274 @ 7.0% cap · market cap 3,656.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
599
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Shops & Services 14%
Dunkin' Donuts
Dining
15,048 visits/mo
0.2 miles
Hot Head Burritos
Dining
3,434 visits/mo
0.2 miles
Ford of Northampton
Shops & Services
1,860 visits/mo
0.4 miles
Enterprise Rent-A-Car
Shops & Services
1,032 visits/mo
0.4 miles
Demographics for 01060, MA
14,461
Population
7,875
Households
1.8
Avg Household Size
42
Median Age
69%
College-Educated
95%
High-School Grad
10.9 sq mi
ZIP Area
1,327
Density / Sq Mi
$75,077
Median Household Income
$49,151
Median Earnings
$1,460
Median Rent
$427,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Upgraded retail space with a large showroom, storage with an overhead door, and a back office leading to shared restrooms.
Where is this retail space located?
The property is located at 104 Damon Road # C Northampton, MA.
What are key features of this property?
This property features: Retail building built in 1987; Upgraded retail suite with a large showroom; Includes storage area with an overhead door
