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    389 Main St Holyoke, MA 01040

    For Sale
    $179,000
    Property size:
    988 SF
    Added:
    Dec 11, 2024
    Days on Market:
    369

    Property Features for 389 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    988 SF
    Class
    B
    Lot Size
    1,481 SF

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • High‑visibility location on Main Street with heavy foot traffic.
    • Ideal for a legacy restaurant establishment.
    • Conveniently located near a bus station.
    • Surrounded by a mix of residential and commercial properties.
    • Opportunity to establish a lasting legacy in downtown Holyoke.
    Property Profile Location Intelligence

    Current Use by Public Records

    La Pescaderia Restaurant Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Holyoke
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6080473
    Latitude
    42.1992076

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    FAQs

    Where is this individual retail property located?
    The property is located at 389 Main St Holyoke, MA.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: High-visibility location on Main Street with heavy foot traffic.; Ideal for a legacy restaurant establishment.; Conveniently located near a bus station.
    Request Owner's contact information
    389 Main St Holyoke, MA 01040
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    Holyoke, MA 01040
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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
    389 Main St Holyoke, MA 01040
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