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    34 Main St Orange, MA 01364

    Sponsored
    For Sale
    $899,000

    Historic school building, mixed-use potential.

    Property size:
    25,888 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This iconic four-story, 25,888 square foot building, located at 34 N Main St in Orange, MA, presents a unique redevelopment opportunity. Built in 1888, this property sits on a 0.44-acre lot across from the town hall, offering excellent visibility and accessibility. Currently operating at 30% occupancy (as of September 1, 2024), the building features a flexible layout currently configured as office, studio, classroom, and shop space. Preliminary plans for mixed-use residential conversion are available. The property boasts a large walk-up attic and a potentially usable basement area, adding significant square footage potential. An off-street parking lot is located at the rear. Zoned A, this property offers numerous owner-user or multi-tenant redevelopment possibilities. Its central location provides easy access to major New England metro areas via MA Route 2, I-91, and US Route 202, and is a short drive to Amherst area colleges. The asking price is $899,000, translating to $34.73 per square foot. This is a value-add investment opportunity with significant upside potential.

    Property Features for 34 Main St

    General Information

    Property type
    Multifamily properties
    Square Feet
    25,888 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1888
    Buildings
    1
    Stories
    4

    HighLights

    • Prime downtown location opposite Town Hall.
    • Successfully converted to residential use in the past.
    • Currently configured as a versatile mixed‑use property with office, studio, classroom, and retail space.
    • Ready‑to‑use schematic designs for both residential and commercial redevelopment are available.
    • Strategic location central to Eastern, Western, and Central Massachusetts.
    • Convenient access to Amherst colleges and the New Hampshire/Vermont state lines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    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
    Orange
    County
    Franklin
    State
    Massachusetts
    Longitude
    -72.3091902
    Latitude
    42.5919129

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    FAQs

    What type of property is this?
    Multifamily property - Historic school building, mixed-use potential.
    Where is this multifamily property located?
    The property is located at 34 Main St Orange, MA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Prime downtown location opposite Town Hall.; Successfully converted to residential use in the past.; Currently configured as a versatile mixed-use property with office, studio, classroom, and retail space.
    Request Owner's contact information
    34 Main St Orange, MA 01364
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    Orange, MA 01364
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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
    34 Main St Orange, MA 01364
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