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Second-Floor Office Condo
For Sale
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7-228 Triangle St, Amherst, MA 01002

Downtown professional office suite with multiple enclosed rooms, reception space, storage, and a private restroom.

Property Size1,000 SF
Price / SF$1.60
Days on Market60

Property Features for 7-228 Triangle St

General Information

Standard status Active
Size 1,000 SF

Additional Details

Floor 2

Amenities

private restroom
Listing Agency: Delap Real Estate LLC
Listed By: Patricia Patenaude · License #449000791
Source: Exprealty
Added: Sep 1 Changed: Oct 25 Last Checked: Oct 28 at 9:29AM

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 Delap Real Estate LLC

Rey
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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.

This 1,000 SF office condominium occupies the second floor of a downtown building in Amherst. The interior includes three private offices, a conference room, storage, and a reception and waiting area, along with a dedicated restroom. The existing layout supports a range of professional office configurations without requiring a large footprint.

Off-street parking is available at the building. The adjacent space may be combined with this unit, creating a total of 1,500 SF. The property is offered for sale and is located at 7-228 Triangle St in Amherst, Massachusetts.

Key Highlights

  • 1,000 SF second‑floor office condominium
  • Three private offices plus a conference room
  • Reception and waiting area with storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,394
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,880 $627.9K
Cap Rate 7%
$448,486 $448.5K
Cap Rate 9%
$348,822 $348.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$51.4K $51.36/SF
− Vacancy
−$9.5K −$9.50/SF
EGI
$41.9K $41.86/SF
− OpEx
−$10.5K −$10.46/SF
NOI
$31.4K $31.39/SF
Area
Hampshire County, MA
Vacancy
18.50%
Lease Rate
$51.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,880
Cap Rate 7%
$448,486
Cap Rate 9%
$348,822

Alternative Uses

Best Use
Office B
$448.5K
$392.4K – $523.2K (±1% cap)
NOI $31,394 @ 7.0% cap · market cap 1,962.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$609.0K
$532.9K – $710.5K (±1% cap)
NOI $42,629 @ 7.0% cap · market cap 2,664.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store HVAC Service Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,095
Businesses Nearby

Demographics for 01002, MA

27,558
Population
11,089
Households
2.5
Avg Household Size
30
Median Age
74%
College-Educated
97%
High-School Grad
53.3 sq mi
ZIP Area
517
Density / Sq Mi
$69,411
Median Household Income
$22,570
Median Earnings
$1,561
Median Rent
$449,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Downtown professional office suite with multiple enclosed rooms, reception space, storage, and a private restroom.
Where is this office unit located?
The property is located at 7-228 Triangle St Amherst, MA.
What are key features of this property?
This property features: 1,000 SF second‑floor office condominium; Three private offices plus a conference room; Reception and waiting area with storage
Research This Page with AI

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Includes: Price & PSF · Cap rate · Location · Zoning

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