Retail Suite With
For Sale
Contact for pricing
141 Main Street, Northampton, MA 01060
Two-level commercial space features upgraded electrical service and new HVAC equipment.
Property Size1,648 SF
Price / SF$1.82
Days on Market48
Property Features for 141 Main Street
General Information
Standard status
Active
Size
1,648 SF
Property subtype
Commercial
Zoning
CB
Lease Type
Net
Additional Details
Floor
Ground, Basement
Building Details
Building Size
1,648 SF
Year Built
1900
Listing Agency:
Delap Real Estate LLC
(413) 586-9111
Listed By:
Patricia Patenaude · License #449000791
(413) 374-1779
Source:
Churchillprop
Added: Sep 2
Changed: Oct 6
Last Checked: Oct 16 at 6:37AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail suite at 141 Main Street provides 1,648 SF across two levels, with 846 SF on the first floor and 802 SF in the basement. The space has benefited from upgraded electrical service and installation of a new HVAC system. A food vendor previously occupied the premises, and the layout can also accommodate standard retail use.
The property is zoned CB and was built in 1900. Exterior seating may be possible, subject to approval from the City.
The property is zoned CB and was built in 1900. Exterior seating may be possible, subject to approval from the City.
Key Highlights
- 1,648 SF retail suite with 846 SF on the first floor and 802 SF in the basement
- Upgraded electrical service and new HVAC
- Zoned CB
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,847
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,940
$676.9K
Cap Rate 7%
$483,529
$483.5K
Cap Rate 9%
$376,078
$376.1K
Market Conditions
NOI Build-Up for 1,648 SF
Gross rent
$49.4K $30.00/SF
− Vacancy
−$1.1K −$0.66/SF
EGI
$48.4K $29.34/SF
− OpEx
−$14.5K −$8.80/SF
NOI
$33.8K $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%
$676,940
Cap Rate 7%
$483,529
Cap Rate 9%
$376,078
Alternative Uses
Best Use
Retail
$483.5K
$423.1K – $564.1K
NOI $33,847 @ 7.0% cap · market cap 1,128.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.00M
$878.2K – $1.17M
NOI $70,252 @ 7.0% cap · market cap 2,341.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
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 Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Two-level commercial space features upgraded electrical service and new HVAC equipment.
Where is this retail space located?
The property is located at 141 Main Street Northampton, MA.
What are key features of this property?
This property features: 1,648 SF retail suite with 846 SF on the first floor and 802 SF in the basement; Upgraded electrical service and new HVAC; Zoned CB
