Retail Warehouse Building with Overhead
For Sale
Contact for pricing
137 King St, Northampton, MA 01060
100% leased retail/warehouse building with front showroom and rear overhead-door delivery access.
Property Size7,780 SF
Price / SF$138.17
Days on Market1326
Property Features for 137 King St
General Information
Standard status
Active
Size
7,780 SF
Property subtype
RETAIL
Occupancy
100%
Listing Agency:
Region Commercial
(413) 415-1200
Listed By:
Mitch Bolotin · License #134459
(413) 537-2020
Source:
Moodyscre
Added: Jan 27, 2023
Changed: Sep 12
Last Checked: Sep 13 at 9:58AM
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 Region Commercial
Investment Insights
Based on property information with market context.
Region Commercial presents a 7,780-square-foot, 100% leased retail/warehouse building for sale. The layout includes a showroom/reception area at the front with a rear warehouse section designed for deliveries, featuring an overhead door.
The property is located on King Street in Northampton, near the Summer and North Street intersection, and is positioned across from Dunkin. This storefront configuration provides visibility along a busy retail corridor.
The combination of a front-facing customer area and rear warehouse delivery access supports versatile uses within a single building configuration.
The property is located on King Street in Northampton, near the Summer and North Street intersection, and is positioned across from Dunkin. This storefront configuration provides visibility along a busy retail corridor.
The combination of a front-facing customer area and rear warehouse delivery access supports versatile uses within a single building configuration.
Key Highlights
- 100% leased 7,780 SF retail/warehouse building for sale
- Front showroom/reception with rear warehouse area for a flexible layout
- Rear overhead door provides delivery access to the warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$97,628
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,952,560
$2.0M
Cap Rate 7%
$1,394,686
$1.4M
Cap Rate 9%
$1,084,756
$1.1M
Market Conditions
NOI Build-Up for 7,780 SF
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.
Gross rent
$124.2K $15.96/SF
− Vacancy
−$9.3K −$1.20/SF
EGI
$114.9K $14.76/SF
− OpEx
−$17.2K −$2.21/SF
NOI
$97.6K $12.55/SF
Area
Hampshire County, MA
Vacancy
7.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,952,560
Cap Rate 7%
$1,394,686
Cap Rate 9%
$1,084,756
Alternative Uses
Best Use
Flex RnD
$4.10M
$3.58M – $4.78M
NOI $286,778 @ 7.0% cap · market cap 26.68%
Second Best
Retail
$2.28M
$2.00M – $2.66M
NOI $159,786 @ 7.0% cap · market cap 14.86%
Theoretical Best
Office A
$4.74M
$4.15M – $5.53M
NOI $331,652 @ 7.0% cap · market cap 30.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,506
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Industrial in Northeast region
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Similar Off Market Nearby
- The Valley Bowl-personal chef service — Main St, Northampton, MA 01060
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- BerkShore — 238 Bridge St, Northampton, MA 01060
Frequently Asked Questions
What type of property is this?
Flex space - 100% leased retail/warehouse building with front showroom and rear overhead-door delivery access.
Where is this flex space located?
The property is located at 137 King St Northampton, MA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: 100% leased 7,780 SF retail/warehouse building for sale; Front showroom/reception with rear warehouse area for a flexible layout; Rear overhead door provides delivery access to the warehouse
