Retail Property Near Interstate
915 Main Street, Holyoke, MA 01040
Two retail units with established tenants near Interstate 91.
Type:Retail
Property size:
2,520 SFPrice / SF:
$297/SF- Added:
- Mar 6, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 10:54 pm
Property Features for 915 Main Street
General Information
- Standard status
- Active
- Size
- 2,520 SF
- Property subtype
- Retail
Listing agent David Wolos License #MA 95630 (413) 200-6019
Listing office Samuel D. Plotkin & Associates (413) 200-6019
Listing date Mar 6, 2026
Source Naiglobal
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 Samuel D. Plotkin & Associates
HighLights
- Well‑established convenience store tenant with beer, wine, and lottery licenses, offering a turnkey business opportunity with existing equipment.
- Prime location with high visibility on a high‑traffic artery near Interstate 91 and Route 5, ensuring excellent exposure.
- Second tenant is a fried chicken restaurant with a recently signed five‑year lease, providing immediate rental income.
- Approximately 2,520 square feet of total retail space, offering substantial business potential.
- Easy access to Interstate 391, facilitating convenient transportation.
- 40+ paved parking spaces, accommodating a high volume of customers.
Overview
This free-standing commercial property features two retail units, totaling approximately 2,520 square feet. One unit is occupied by a well-established convenience store with a beer and wine license, a limited seasonal liquor license, and high lottery sales. The second unit is leased to a fried chicken restaurant with a five-year lease at $1,200 per month. The convenience store has a proven track record of success, and all existing equipment, including coolers, freezers, and display racks, will remain, offering a turnkey opportunity. The property benefits from a prime location near Interstate 91, providing exceptional accessibility and exposure. Situated on a high-traffic artery near Marcotte Ford, it is also located approximately 0.5 miles from both Riverdale Street (Route 5) and the Interstate 391 exit ramp, ensuring great visibility. The property includes 40+ paved parking spaces.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$460.1K
NOI $41,405 @ 9.00% cap · cautious / downside scenario
Moderate
$591.5K
NOI $41,405 @ 7.00% cap · market / base-case scenario
Aggressive
$828.1K
NOI $41,405 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.5k | $24.00 |
| − Vacancy | −$1.3k | −$0.53 |
| EGI | $59.1k | $23.47 |
| − OpEx | −$17.7k | −$7.04 |
| NOI | $41.4k | $16.43 |
2,520 SF · lease $24.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$591.5K
$517.6K – $690.1K
NOI $41,405 @ 7.0% cap · market cap 5.52%
Second Best
Specialty Retail
$465.6K
$407.4K – $543.2K
NOI $32,591 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,719 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6259
- Latitude
- 42.1859
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Two retail units with established tenants near Interstate 91.
Where is this grocery and convenience store located?
The property is located at 915 Main Street Holyoke, MA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Well‑established convenience store tenant with beer, wine, and lottery licenses, offering a turnkey business opportunity with existing equipment.; Prime location with high visibility on a high‑traffic artery near Interstate 91 and Route 5, ensuring excellent exposure.; Second tenant is a fried chicken restaurant with a recently signed five‑year lease, providing immediate rental income.
