Timber-Ceiling Office
New
For Sale
Contact for pricing
180 Pleasant St Unit 3, Easthampton, MA 01027
Central air, shared loading dock access, and a mix of private offices and open workspace support day-to-day operations.
Property Size5,400 SF
Price / SF$0.00
Days on Market5
Property Features for 180 Pleasant St Unit 3
General Information
Standard status
Active
Size
5,400 SF
Property subtype
Commercial
Space & Availability
Condition
Turnkey
Furnished
Yes
Additional Details
Highway Access
Yes
Property Use
Office
Amenities
central air conditioning
loading dock
kitchenette
remodeled bathrooms
Building Details
Year Built
1885
Construction
timber
Listing Agency:
Taylor Agency
(413) 527-3375
Listed By:
Brian Jarrett · License #452504332
(413) 218-7119
Source:
Lockandkeyre
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 30 at 4:49PM
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 Taylor Agency
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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 5,400-square-foot office suite in the 1885 mill building features 14-foot exposed timber ceilings, brick walls, oversized windows, and exposed ductwork. Its layout includes 7 private offices, an open cubicle area, a storage room with an overhead door, and a kitchenette. Central air conditioning is installed, and the suite has access to 2 remodeled bathrooms located just outside the space. Use of a loading dock is shared, and existing furnishings and equipment may be included in delivery.
The property is alongside the Manhan Rail Trail and Millside Park, with access to I-91. The space combines private and open work areas within a historic mill setting.
The property is alongside the Manhan Rail Trail and Millside Park, with access to I-91. The space combines private and open work areas within a historic mill setting.
Key Highlights
- 5,400 square feet of office space in an 1885 mill building
- 14‑foot exposed timber ceilings, brick walls, oversized windows, and exposed ductwork
- Layout includes 7 private offices, open cubicle space, storage, and a kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,527
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,390,540
$3.4M
Cap Rate 7%
$2,421,814
$2.4M
Cap Rate 9%
$1,883,633
$1.9M
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$277.3K $51.36/SF
− Vacancy
−$51.3K −$9.50/SF
EGI
$226.0K $41.86/SF
− OpEx
−$56.5K −$10.46/SF
NOI
$169.5K $31.39/SF
Area
Hampshire County, MA
Vacancy
18.50%
Lease Rate
$51.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,390,540
Cap Rate 7%
$2,421,814
Cap Rate 9%
$1,883,633
Alternative Uses
Best Use
Office B
$2.42M
$2.12M – $2.83M
NOI $169,527 @ 7.0% cap · market cap 1,412,725.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,196 @ 7.0% cap · market cap 1,918,300.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
722
Businesses Nearby
Explore this area
Business Placement
Demographics for 01027, MA
17,896
Population
9,221
Households
1.9
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
40.6 sq mi
ZIP Area
441
Density / Sq Mi
$73,657
Median Household Income
$45,652
Median Earnings
$1,195
Median Rent
$348,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Central air, shared loading dock access, and a mix of private offices and open workspace support day-to-day operations.
Where is this office unit located?
The property is located at 180 Pleasant St Unit 3 Easthampton, MA.
What are key features of this property?
This property features: 5,400 square feet of office space in an 1885 mill building; 14‑foot exposed timber ceilings, brick walls, oversized windows, and exposed ductwork; Layout includes 7 private offices, open cubicle space, storage, and a kitchenette
