Flex Warehouse with
232 N King St Northampton, MA 01060
232 N King St, Northampton, MA, 01060
Contact for pricing
For Sale
Contact for pricing
Multi-use building combines showroom, offices, warehouse, and shop space, offered as a sale-leaseback with an existing tenant.
Property Size16,075 SF
Lot Size1.55 Acres
Price / SF$167.96
Days on Market47
Property Features for 232 N King St
General Information
- Standard status
- Active
- Size
- 16,075 SF
- Lot size
- 1.55 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
CBRE | Hartford
(860) 559-1562
Listed by
John Reed, SIOR
(860) 559-1562
Source
Moodyscre
Added: Jun 4 Updated: Jul 10 at 3:59 pm Checked: Jul 19 at 5:22 am
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
Investment Insights
Based on property information with market context.
This 16,075 SF building is being offered for sale and includes showroom, office, warehouse, and shop areas. The property provides a mixed-use industrial configuration designed to support both customer-facing space and operational back-of-house functions.
The asset is located at 232 N King St in Northampton, MA. Publicly stated traffic is 11,854 VPD, which can support visibility for showroom and retail-style front areas. The offering is described as a sale leaseback, and ownership is willing to negotiate the terms of the transaction. Utilities are noted as public.
As presented, the transaction is structured with a 7-year term and an existing tenant, MOMs of Northampton. The financial information provided includes NOI of $189,000 and a stated cap rate of 7%. For buyers and operators evaluating flexible industrial space with integrated office and showroom components, this layout offers functional separation between customer-facing areas and warehouse and shop uses while remaining within a single building footprint.
The asset is located at 232 N King St in Northampton, MA. Publicly stated traffic is 11,854 VPD, which can support visibility for showroom and retail-style front areas. The offering is described as a sale leaseback, and ownership is willing to negotiate the terms of the transaction. Utilities are noted as public.
As presented, the transaction is structured with a 7-year term and an existing tenant, MOMs of Northampton. The financial information provided includes NOI of $189,000 and a stated cap rate of 7%. For buyers and operators evaluating flexible industrial space with integrated office and showroom components, this layout offers functional separation between customer-facing areas and warehouse and shop uses while remaining within a single building footprint.
Key Highlights
- 16,075 SF multi‑use building with showroom, office, warehouse, and shop space
- 1.55‑acre site with public utilities
- Offered as a sale‑leaseback with existing tenant MOMs of Northampton
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $256.6k | $15.96 |
| − Vacancy | −$19.2k | −$1.20 |
| EGI | $237.3k | $14.76 |
| − OpEx | −$35.6k | −$2.21 |
| NOI | $201.7k | $12.55 |
16,075 SF · lease $15.96/SF/yr · vacancy 7.50% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$8.46M
$7.41M – $9.88M
NOI $592,539 @ 7.0% cap · market cap 21.95%
Second Best
Retail
$4.72M
$4.13M – $5.50M
NOI $330,148 @ 7.0% cap · market cap 12.23%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- BerkShore — 238 Bridge St, Northampton, MA 01060
- Myers Catering — northampton, ma 01060
- The Valley Bowl-personal chef service — Main St, Northampton, MA 01060
FAQs
What type of property is this?
Flex space - Multi-use building combines showroom, offices, warehouse, and shop space, offered as a sale-leaseback with an existing tenant.
Where is this flex space located?
The property is located at 232 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: 16,075 SF multi‑use building with showroom, office, warehouse, and shop space; 1.55‑acre site with public utilities; Offered as a sale‑leaseback with existing tenant MOMs of Northampton
