Drive-Through
146 State St, Belchertown, MA 01007
For Sale
Contact for pricing
The offering combines the real estate with the operating restaurant business.
Property Size1,623 SF
Lot Size1.86 Acres
Price / SF$585.34
Days on Market11
Property Features for 146 State St
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Business Included
Drive-Thru
Currently Operating
Building Details
Buildings
Listing Agency:
Region Commercial
(413) 415-1200
Listed By:
Ben Bolotin · License #9582125
(413) 530-3215
Source:
Moodyscre
Added: Oct 30
Changed: Nov 7
Last Checked: Nov 8 at 5:05AM
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
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Investment Insights
Based on property information with market context.
At 146 State Street in Belchertown, the property includes a 1,623-square-foot restaurant building on 1.86 acres. A drive-through is part of the site, and the existing restaurant business is included in the offering.
Key Highlights
- 1,623‑square‑foot restaurant building
- 1.86‑acre site in Belchertown, MA
- Drive‑through facility; restaurant business included with the real estate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,714
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,280
$714.3K
Cap Rate 7%
$510,200
$510.2K
Cap Rate 9%
$396,822
$396.8K
Market Conditions
NOI Build-Up for 1,623 SF
Gross rent
$48.7K $30.00/SF
− Vacancy
−$1.1K −$0.66/SF
EGI
$47.6K $29.34/SF
− OpEx
−$11.9K −$7.34/SF
NOI
$35.7K $22.01/SF
Area
Hampshire County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,280
Cap Rate 7%
$510,200
Cap Rate 9%
$396,822
Alternative Uses
Best Use
Specialty Retail
$510.2K
$446.4K – $595.2K
NOI $35,714 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$988.4K
$864.8K – $1.15M
NOI $69,187 @ 7.0% cap · market cap 7.28%
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
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Tractor Supply Co.
Home Improvements & Furnishings
15,269 visits/mo
0.4 miles
Demographics for 01007, MA
15,423
Population
6,569
Households
2.3
Avg Household Size
44
Median Age
46%
College-Educated
98%
High-School Grad
54.9 sq mi
ZIP Area
281
Density / Sq Mi
$99,056
Median Household Income
$51,822
Median Earnings
$1,301
Median Rent
$350,400
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?
Drive through restaurant - The offering combines the real estate with the operating restaurant business.
Where is this drive through restaurant located?
The property is located at 146 State St Belchertown, MA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1,623‑square‑foot restaurant building; 1.86‑acre site in Belchertown, MA; Drive‑through facility; restaurant business included with the real estate
