Eight-Unit Mixed-Use
New
For Sale
$1,050,000
55 Bridge Street, Shelburne, MA 01370
Four commercial spaces and four rental residences create a balanced village-center configuration.
Property Size6,017 SF
Lot Size0.26 Acres
Price / SF$174.51
Days on Market6
Property Features for 55 Bridge Street
General Information
Standard status
Active
Size
6,017 SF
Lot size
0.26 Acres
Property subtype
Multi-family
Additional Details
Mixed-Use Components
commercial, residential
Multifamily Units
4
Building Details
Year Built
1900
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Cindy Cai Realty LLC
Listed By:
Cindy Cai
(508) 423-5722
Source:
Cbcommunityrealtors
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 4:22PM
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 Cindy Cai Realty LLC
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Investment Insights
Based on property information with market context.
Built in 1900, this historic brick mixed-use property contains 6,017 square feet across four commercial units and four rental units. The building occupies a 0.26-acre village lot. Improvements include concrete basements, updated parking spaces, and work on the commercial-facing frontage and footing project.
The property is in downtown Shelburne Falls, among local shops and dining and near the Bridge of Flowers.
The property is in downtown Shelburne Falls, among local shops and dining and near the Bridge of Flowers.
Key Highlights
- Four commercial units and four rental units
- 6,017‑square‑foot historic brick building, built in 1900
- Set on a 0.26‑acre village lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,976
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,779,520
$1.8M
Cap Rate 7%
$1,271,086
$1.3M
Cap Rate 9%
$988,622
$988.6K
Market Conditions
NOI Build-Up for 6,017 SF
Gross rent
$130.0K $21.60/SF
− Vacancy
−$2.9K −$0.48/SF
EGI
$127.1K $21.12/SF
− OpEx
−$38.1K −$6.34/SF
NOI
$89.0K $14.79/SF
Area
Franklin County, MA
Vacancy
2.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,779,520
Cap Rate 7%
$1,271,086
Cap Rate 9%
$988,622
Alternative Uses
Best Use
Retail
$1.27M
$1.11M – $1.48M
NOI $88,976 @ 7.0% cap · market cap 8.47%
Second Best
Apartment 5plus
$1.14M
$998.7K – $1.33M
NOI $79,893 @ 7.0% cap · market cap 7.61%
Theoretical Best
Healthcare Medical
$2.50M
$2.18M – $2.91M
NOI $174,655 @ 7.0% cap · market cap 16.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 01370, MA
3,932
Population
1,945
Households
2
Avg Household Size
52
Median Age
50%
College-Educated
95%
High-School Grad
48.2 sq mi
ZIP Area
82
Density / Sq Mi
$76,715
Median Household Income
$39,367
Median Earnings
$1,057
Median Rent
$334,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four commercial spaces and four rental residences create a balanced village-center configuration.
Where is this mixed-use property located?
The property is located at 55 Bridge Street Shelburne, MA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Four commercial units and four rental units; 6,017‑square‑foot historic brick building, built in 1900; Set on a 0.26‑acre village lot
