Operating Gas Station with
New
For Sale
$1,100,000
321 Main St, Agawam, MA 01001
The sale combines the operating business with its real estate.
Property Size1,956 SF
Days on Market5
Property Features for 321 Main St
General Information
Standard status
Active
Size
1,956 SF
Property subtype
Commercial
Building Details
Building Size
1,956 SF
Year Built
1956
Listing Agency:
Naples Realty Group
(413) 650-1314
Listed By:
Aimee Nieroda · License #RES.0824028
(860) 983-5872
Source:
Iverty
Added: Oct 25
Changed: Oct 29
Last Checked: Oct 28 at 7:29AM
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 Naples Realty Group
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Investment Insights
Based on property information with market context.
This operating gas station includes two fuel pumps and an in-store retail area. The offering covers both the property and the business, with the current operation in place. The building dates to 1956.
The property is at 321 Main St in Agawam, Massachusetts, along Route 159.
The property is at 321 Main St in Agawam, Massachusetts, along Route 159.
Key Highlights
- Two fuel pumps
- Real estate and operating business are included
- In‑store retail area; building constructed in 1956
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,138
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,760
$642.8K
Cap Rate 7%
$459,114
$459.1K
Cap Rate 9%
$357,089
$357.1K
Market Conditions
NOI Build-Up for 1,956 SF
Gross rent
$46.9K $24.00/SF
− Vacancy
−$1.0K −$0.53/SF
EGI
$45.9K $23.47/SF
− OpEx
−$13.8K −$7.04/SF
NOI
$32.1K $16.43/SF
Area
Hampden County, MA
Vacancy
2.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,760
Cap Rate 7%
$459,114
Cap Rate 9%
$357,089
Alternative Uses
Best Use
Retail
$459.1K
$401.7K – $535.6K
NOI $32,138 @ 7.0% cap · market cap 2.92%
Second Best
Specialty Retail
$361.4K
$316.2K – $421.6K
NOI $25,297 @ 7.0% cap · market cap 2.30%
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M
NOI $84,387 @ 7.0% cap · market cap 7.67%
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
306
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 91%
Shops & Services 9%
Dunkin' Donuts
Dining
13,368 visits/mo
0.1 miles
Citgo
Shops & Services
1,334 visits/mo
0.1 miles
Demographics for 01001, MA
16,984
Population
7,033
Households
2.4
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
1,503
Density / Sq Mi
$71,924
Median Household Income
$54,266
Median Earnings
$1,305
Median Rent
$270,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Gas station - The sale combines the operating business with its real estate.
Where is this gas station located?
The property is located at 321 Main St Agawam, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two fuel pumps; Real estate and operating business are included; In‑store retail area; building constructed in 1956
