Mixed-Use Building For
216 N King St, Northampton, MA 01060
For Sale
Contact for pricing
16,075 SF building with showroom, office, warehouse, and shop.
Property Size16,075 SF
Price / SF$167.96
Days on Market285
Property Features for 216 N King St
General Information
Standard status
Size
Property subtype
Lease Type
Investment Type
Net Operating Income
Building Details
Tenancy
Listing Agency:
CBRE - Hartford
Listed By:
Jack Reed · License MA #9551299
(860) 987-4789
Source:
Crexi
Added: Jan 30
Changed: Nov 3
Last Checked: Nov 10 at 5:58AM
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 CBRE - Hartford
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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.
Available for sale is a 16,075 square foot building suitable for a variety of uses, including showroom, office, warehouse, and shop space. This property represents a sale-leaseback investment opportunity. The current ownership is open to negotiating lease terms.
Key Highlights
- Sale‑leaseback investment opportunity.
- 16,075 SF building featuring a showroom, office, warehouse, and shop area.
- Ownership willing to negotiate terms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,285
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,105,700
$3.1M
Cap Rate 7%
$2,218,357
$2.2M
Cap Rate 9%
$1,725,389
$1.7M
Market Conditions
NOI Build-Up for 16,075 SF
Gross rent
$241.1K $15.00/SF
− Vacancy
−$19.3K −$1.20/SF
EGI
$221.8K $13.80/SF
− OpEx
−$66.6K −$4.14/SF
NOI
$155.3K $9.66/SF
Area
Hampshire County, MA
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,105,700
Cap Rate 7%
$2,218,357
Cap Rate 9%
$1,725,389
Alternative Uses
Best Use
Flex RnD
$8.46M
$7.41M – $9.88M
NOI $592,539 @ 7.0% cap · market cap 21.95%
Second Best
Industrial
$2.22M
$1.94M – $2.59M
NOI $155,285 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$9.79M
$8.57M – $11.42M
NOI $685,258 @ 7.0% cap · market cap 25.38%
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
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Balanced
Demand for This Use
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
$427,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Hampshire County, MA
Properties on Market for Flex space in Hampshire County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - 16,075 SF building with showroom, office, warehouse, and shop.
Where is this flex space located?
The property is located at 216 N King St Northampton, MA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Sale‑leaseback investment opportunity.; 16,075 SF building featuring a showroom, office, warehouse, and shop area.; Ownership willing to negotiate terms.
