Second-Floor Office
For Sale
Contact for pricing
7 N Pleasant Street Unit 2C, Amherst, MA 01002
Second-floor office suite with front lobby, restrooms, four private offices, and a waiting/reception area.
Property Size1,050 SF
Price / SF$2.57
Days on Market187
Property Features for 7 N Pleasant Street Unit 2C
General Information
Standard status
Active
Size
1,050 SF
Property subtype
Commercial
Lease Term
Existing Lease Type: Gross
Building Details
Building Size
1,050 SF
Year Built
1861
Listing Agency:
Delap Real Estate LLC
(413) 586-9111
Listed By:
Patricia Patenaude · License #449000791
(413) 374-1779
Source:
Iverty
Added: Apr 27
Changed: Oct 29
Last Checked: Oct 28 at 8:03AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This professional office suite is located on the second floor of a handicap accessible building and overlooks the Town Common. The space includes a front lobby with a waiting area and restrooms, along with an interior layout featuring four private offices and a large waiting/reception area.
Positioned in downtown Amherst, the suite offers a convenient, street-facing building setting with views over the Town Common.
The configuration supports reception and multiple private office uses within a single, cohesive suite.
Positioned in downtown Amherst, the suite offers a convenient, street-facing building setting with views over the Town Common.
The configuration supports reception and multiple private office uses within a single, cohesive suite.
Key Highlights
- Second‑floor professional office suite in a handicap‑accessible building
- Front lobby with waiting area plus restrooms
- Interior layout includes 4 private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,963
Suggested Prices Based on Cap Rates
Cap Rate 5%
$659,260
$659.3K
Cap Rate 7%
$470,900
$470.9K
Cap Rate 9%
$366,256
$366.3K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$53.9K $51.36/SF
− Vacancy
−$10.0K −$9.50/SF
EGI
$44.0K $41.86/SF
− OpEx
−$11.0K −$10.46/SF
NOI
$33.0K $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%
$659,260
Cap Rate 7%
$470,900
Cap Rate 9%
$366,256
Alternative Uses
Best Use
Office B
$470.9K
$412.0K – $549.4K
NOI $32,963 @ 7.0% cap · market cap 1,220.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$639.4K
$559.5K – $746.0K
NOI $44,760 @ 7.0% cap · market cap 1,657.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,154
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office suite with front lobby, restrooms, four private offices, and a waiting/reception area.
Where is this office unit located?
The property is located at 7 N Pleasant Street Unit 2C Amherst, MA.
What are key features of this property?
This property features: Second‑floor professional office suite in a handicap‑accessible building; Front lobby with waiting area plus restrooms; Interior layout includes 4 private offices
