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    32 Industrial Dr Northampton, MA 01060

    Sponsored
    For Sale
    $1,750,000

    21,000 SF Office, High Rental Potential

    Property size:
    21,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 21,000-square-foot office building presents a compelling investment opportunity in Northampton, Massachusetts. Situated on a 2.45-acre lot within the Northampton Industrial Park, this property boasts over 80 parking spaces and is conveniently located less than a mile from Route 91. The building, constructed in 1986 and featuring two stories, is classified as Class B and currently has 34% occupancy, offering significant potential for increased rental income. The General Industrial zoning provides flexibility for various uses. The main level is ADA compliant, and recent upgrades include a new roof (installed in 2013), a high-efficiency furnace, and a ductless mini-split system for the server room. The property is turnkey ready and equipped with high-speed internet capabilities. This multi-tenant building offers a modified lease type and represents a strong investment prospect in a desirable location. The asking price is $1,750,000, translating to $83.33 per square foot.

    Property Features for 32 Industrial Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    21,000 SF
    Class
    B
    Lot Size
    106,722 SF

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    2

    HighLights

    • 21,000 SF office building in Northampton, MA's Industrial Park.
    • 2.45‑acre lot with 80+ parking spaces, near Route 91.
    • General Industrial zoning, offering high rental income potential.
    • Turnkey ready, high‑speed internet, ADA‑compliant main level.
    • Recent upgrades include a new roof (2013), high‑efficiency furnace, and ductless mini‑split system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Northampton
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.628562261262
    Latitude
    42.336275125166

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    FAQs

    What type of property is this?
    Office Property / Space - 21,000 SF Office, High Rental Potential
    Where is this office property / space located?
    The property is located at 32 Industrial Dr Northampton, MA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 21,000 SF office building in Northampton, MA's Industrial Park.; 2.45-acre lot with 80+ parking spaces, near Route 91.; General Industrial zoning, offering high rental income potential.
    (413) 575-3586
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    32 Industrial Dr Northampton, MA 01060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    32 Industrial Dr Northampton, MA 01060
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