Downtown Residential Development
For Sale
Contact for pricing
Pending
3 Clark Ave, Northampton, MA 01060
CBD rezoned parcel is offered on a subject-to-regulatory approval basis for proposed mid-rise residential development.
Property SizeContact for details
Days on Market119
Property Features for 3 Clark Ave
General Information
Standard status
Pending
Property subtype
Land
Zoning
CBD
Additional Details
Multifamily Units
70
Listing Agency:
Hampshire Property Management
Listed By:
Richard Madowitz · License #MA 9014711
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Apr 12 at 4:07AM
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 Hampshire Property Management
Investment Insights
Based on property information with market context.
This downtown Northampton development site is offered as a residential land parcel recently rezoned CBD. The property includes a proposed mid-rise building concept for approximately 70 units (+/-), with the ability for the structure to be raised to provide dedicated parking, subject to approvals.
The site is located about two blocks from Main Street and abuts the bike path as well as the Roundhouse parking lot. The parcel will be sold on a subject-to-regulatory approval basis, and the acquisition pricing is stated as $35,000 per approved residential unit.
The site is located about two blocks from Main Street and abuts the bike path as well as the Roundhouse parking lot. The parcel will be sold on a subject-to-regulatory approval basis, and the acquisition pricing is stated as $35,000 per approved residential unit.
Key Highlights
- Unique downtown Northampton residential building site on recently rezoned CBD land parcel
- Two blocks from Main Street, with the parcel abutting the bike path and Roundhouse parking lot
- Proposed 70‑unit +/- mid‑rise residential building concept
Property Analytics
Current Use
Lease Details
70
Residential units
Location Intelligence
Trade Area within ½ mile
2,365
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - CBD rezoned parcel is offered on a subject-to-regulatory approval basis for proposed mid-rise residential development.
Where is this residential land & home lot located?
The property is located at 3 Clark Ave Northampton, MA.
What are key features of this property?
This property features: Unique downtown Northampton residential building site on recently rezoned CBD land parcel; Two blocks from Main Street, with the parcel abutting the bike path and Roundhouse parking lot; Proposed 70‑unit +/- mid‑rise residential building concept
