Bright Open Retail
For Sale
Contact for pricing
20A Crafts Ave., Northampton, MA 01060
Approximately 680 SF flexible storefront with three convenient parking options in downtown Northampton.
Property Size680 SF
Price / SF$2.21
Days on Market110
Property Features for 20A Crafts Ave.
General Information
Standard status
Active
Size
680 SF
Property subtype
Commercial
Building Details
Year Built
2009
Listing Agency:
Real Broker MA, LLC
(855) 450-0442
Listed By:
Vicky Lin
(347) 885-8820
Source:
Lockandkeyre
Added: Jul 12
Changed: Oct 29
Last Checked: Oct 28 at 7:27AM
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 Real Broker MA, LLC
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Investment Insights
Based on property information with market context.
This bright, open, and easily accessible retail storefront offers approximately 680 SF of flexible space. The landlord is willing to install new flooring to accommodate the tenant’s business needs, providing an opportunity to customize the space before opening. The space is suitable for a range of concepts, subject to zoning and landlord approval.
Located at 20A Crafts Ave. in downtown Northampton, the unit is positioned for strong visibility with exposure to both pedestrian and vehicle traffic. Parking is available in three ways: a city-owned metered parking lot adjacent to the building, on-street parking directly in front, and a large city-owned public parking lot across the street.
Located at 20A Crafts Ave. in downtown Northampton, the unit is positioned for strong visibility with exposure to both pedestrian and vehicle traffic. Parking is available in three ways: a city-owned metered parking lot adjacent to the building, on-street parking directly in front, and a large city-owned public parking lot across the street.
Key Highlights
- Approximately 680 SF retail space in downtown Northampton, built in 2009
- Highly visible storefront with exposure to both pedestrian and vehicle traffic
- Bright, open layout with easy customer access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,966
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,320
$279.3K
Cap Rate 7%
$199,514
$199.5K
Cap Rate 9%
$155,178
$155.2K
Market Conditions
NOI Build-Up for 680 SF
Gross rent
$20.4K $30.00/SF
− Vacancy
−$449 −$0.66/SF
EGI
$20.0K $29.34/SF
− OpEx
−$6.0K −$8.80/SF
NOI
$14.0K $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%
$279,320
Cap Rate 7%
$199,514
Cap Rate 9%
$155,178
Alternative Uses
Best Use
Retail
$199.5K
$174.6K – $232.8K
NOI $13,966 @ 7.0% cap · market cap 931.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$414.1K
$362.4K – $483.1K
NOI $28,988 @ 7.0% cap · market cap 1,932.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,511
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
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Approximately 680 SF flexible storefront with three convenient parking options in downtown Northampton.
Where is this retail space located?
The property is located at 20A Crafts Ave. Northampton, MA.
What are key features of this property?
This property features: Approximately 680 SF retail space in downtown Northampton, built in 2009; Highly visible storefront with exposure to both pedestrian and vehicle traffic; Bright, open layout with easy customer access
