Live-Work Property with Separate
1705 Northampton Street, Holyoke, MA 01040
For Sale
$649,900
A two-level residence sits above a client-accessible professional suite with its own exterior entrances.
Property Size1,920 SF
Price / SF$203.16
Days on Market49
Property Features for 1705 Northampton Street
General Information
Standard status
Size
Elevators
Lease Term
Space & Availability
Floor
Furnished
Additional Details
Highway Access
Office Units
Building Details
Building Size
Year Built
Buildings
Listing Agency:
IVerty Realty, LLC
Listed By:
Mela Dieujuste · License MA #452508574
(413) 786-0584
Source:
Iverty
Added: Sep 22
Changed: Nov 8
Last Checked: Nov 8 at 6:49AM
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 IVerty Realty, LLC
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Investment Insights
Based on property information with market context.
This 3,199-square-foot live-work property combines a first-floor professional office suite with a two-level residence above. The office spans over 1,350 square feet and has separate exterior entrances, a reception area, private offices, a break room, and conference space. Hardwood floors, French doors, and detailed woodwork add character to the workspace. The residence includes a kitchen with quartz counters, a 10-foot island, and a double-oven gas range, along with a sunroom and rear deck. Central air, a gas fireplace, an elevator, and an oversized two-car garage are also present.
The property occupies a corner lot in Holyoke. I-91 is a couple of minutes away, and I-90/Mass Pike is nearby. Shopping and dining options are available in Holyoke, with Easthampton, Northampton, and Amherst also identified as nearby cities.
The property occupies a corner lot in Holyoke. I-91 is a couple of minutes away, and I-90/Mass Pike is nearby. Shopping and dining options are available in Holyoke, with Easthampton, Northampton, and Amherst also identified as nearby cities.
Key Highlights
- First‑floor office suite with separate exterior entrances
- Office area measures over 1,350 square feet
- Reception area, private offices, break room, and conference space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,390
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,800
$647.8K
Cap Rate 7%
$462,714
$462.7K
Cap Rate 9%
$359,889
$359.9K
Market Conditions
NOI Build-Up for 3,199 SF
Gross rent
$57.6K $18.00/SF
− Vacancy
−$5.8K −$1.80/SF
EGI
$51.8K $16.20/SF
− OpEx
−$19.4K −$6.07/SF
NOI
$32.4K $10.13/SF
Area
Hampden County, MA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,800
Cap Rate 7%
$462,714
Cap Rate 9%
$359,889
Alternative Uses
Best Use
Office B
$1.45M
$1.27M – $1.69M
NOI $101,506 @ 7.0% cap · market cap 15.62%
Second Best
Mixed Use
$462.7K
$404.9K – $539.8K
NOI $32,390 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,013 @ 7.0% cap · market cap 21.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
Explore this area
Business Placement
Demographics for 01040, MA
38,238
Population
17,057
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
79%
High-School Grad
21.2 sq mi
ZIP Area
1,804
Density / Sq Mi
$51,892
Median Household Income
$41,801
Median Earnings
$1,016
Median Rent
$255,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Live-work space - A two-level residence sits above a client-accessible professional suite with its own exterior entrances.
Where is this live-work space located?
The property is located at 1705 Northampton Street Holyoke, MA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: First‑floor office suite with separate exterior entrances; Office area measures over 1,350 square feet; Reception area, private offices, break room, and conference space
