Downtown Mixed-Use
For Sale
$1,100,000
93-95 Main Street, Easthampton, MA 01027
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 Market138
Property Features for 93-95 Main Street
General Information
Standard status
Active
Size
4,861 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1850
Tenancy
Multi
Listing Agency:
5 College REALTORS Northampton
Listed By:
Rob Goggins
(413) 575-3586
Source:
Fivecollegerealtors
Added: Jun 5
Changed: Oct 18
Last Checked: Oct 19 at 9:07AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,220
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,404,400
$1.4M
Cap Rate 7%
$1,003,143
$1.0M
Cap Rate 9%
$780,222
$780.2K
Market Conditions
NOI Build-Up for 4,861 SF
Gross rent
$105.0K $21.60/SF
− Vacancy
−$4.7K −$0.96/SF
EGI
$100.3K $20.64/SF
− OpEx
−$30.1K −$6.19/SF
NOI
$70.2K $14.45/SF
Area
Hampshire County, MA
Vacancy
4.46%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,404,400
Cap Rate 7%
$1,003,143
Cap Rate 9%
$780,222
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
Explore this area
Business Placement
Demographics for 01027, MA
17,896
Population
9,221
Households
1.9
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
40.6 sq mi
ZIP Area
441
Density / Sq Mi
$73,657
Median Household Income
$45,652
Median Earnings
$1,195
Median Rent
$348,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
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
