Downtown Mixed-Use
93-95 Main Street Easthampton, MA 01027
93-95 Main Street, Easthampton, MA, 01027
$1,100,000
For Sale
$1,100,000
Mixed-use property with an established first-floor restaurant and four renovated studio apartments above.
Property Size4,861 SF
Price / SF$226.29
Days on Market12
Property Features for 93-95 Main Street
General Information
- Standard status
- Active
- Size
- 4,861 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1850
Listing agency
5 College REALTORS Northampton
Listed by
Robert Goggins
(617) 696-6100
Source
Kelleyrege
Added: Jul 10 Updated: Jul 21 at 3:02AM Checked: Jul 21 at 3:02AM
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 5 College REALTORS Northampton
Investment Insights
Based on property information with market context.
This well-maintained mixed-use building includes an established restaurant tenant occupying the first-floor and basement levels. The upper floors provide four renovated studio apartments, all updated within the past year.
The property is located on Main Street in downtown Easthampton and is described as within walking distance to shops, restaurants, and other downtown amenities.
The layout combines street-level commercial space with residential units above, creating a single building configuration that supports both income-producing uses.
The property is located on Main Street in downtown Easthampton and is described as within walking distance to shops, restaurants, and other downtown amenities.
The layout combines street-level commercial space with residential units above, creating a single building configuration that supports both income-producing uses.
Key Highlights
- Mixed‑use building on Main Street in downtown Easthampton
- First floor and basement leased to an established restaurant tenant for immediate income
- Four renovated studio apartments on the upper floors, updated within the past year
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.0k | $21.60 |
| − Vacancy | −$4.7k | −$0.96 |
| EGI | $100.3k | $20.64 |
| − OpEx | −$30.1k | −$6.19 |
| NOI | $70.2k | $14.45 |
4,861 SF · lease $21.60/SF/yr · vacancy 4.46% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.53M
$1.34M – $1.78M
NOI $106,966 @ 7.0% cap · market cap 9.72%
Second Best
Multifamily LT 5
$1.00M
$877.8K – $1.17M
NOI $70,220 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,219 @ 7.0% cap · market cap 18.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with an established first-floor restaurant and four renovated studio apartments above.
Where is this mixed-use property located?
The property is located at 93-95 Main Street Easthampton, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Mixed‑use building on Main Street in downtown Easthampton; First floor and basement leased to an established restaurant tenant for immediate income; Four renovated studio apartments on the upper floors, updated within the past year
