Agawam Industrial Investment
270 Main St Agawam, MA 01001
270 Main St, Agawam, MA, 01001
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For Sale
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106,240 sq ft property with 8.36% cap rate.
Property Size106,240 SF
Lot Size9.39 Acres
Price / SF$49.42
Days on Market686
Property Features for 270 Main St
General Information
- Standard status
- Active
- Size
- 106,240 SF
- Lot size
- 9.39 Acres
- Property subtype
- Industrial
Listing Agency
Logic Impact Group
(413) 531-5956
Listed by
Michael Beaudry · License #CT RES.0819214
Source
Crexi
Added: Sep 3, 2024 Updated: Jul 6 at 7:53 am Checked: Jul 20 at 4:28 am
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 Logic Impact Group
Investment Insights
Based on property information with market context.
Located at 270 Main St. in Agawam, MA, this property presents a significant investment opportunity within a robust industrial market. The expansive 106,240 sq. ft. building sits on 9.39 acres. Situated within an Opportunity Zone, the site offers potential tax benefits for investors and provides convenient access to major highways, located directly across from Hood. The acreage has previously attracted retail development interest from national brands such as Family Dollar and Dunkin' Donuts. The property is suitable for generating additional income through the addition of contractor garages or rooftop solar installations. The existing warehouse generates a gross scheduled income of $716,604 per year and a net operating income (NOI) of $438,864, resulting in an 8.36% cap rate. Investors can capitalize on below-market rent rates to increase overall returns. Owner financing is available.
Key Highlights
- Strong Baseline Financials: Generates $438,864 NOI with an 8.36% cap rate.
- Strategic Location: Situated in an Opportunity Zone with excellent highway access.
- Expansive Property: 106,240 sq. ft. on 9.39 acres in a strong Agawam industrial market.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Agawam Community Center
Hotel & Motel
Honest Homes LLC
Property Management Company
All Access Trading ...
Department Store
NxTLvL Athletics
Gym & Fitness Center
Chem-X
Industrial Manufacturer
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FAQs
What type of property is this?
Warehouse - 106,240 sq ft property with 8.36% cap rate.
Where is this warehouse located?
The property is located at 270 Main St Agawam, MA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Strong Baseline Financials: Generates $438,864 NOI with an 8.36% cap rate.; Strategic Location: Situated in an Opportunity Zone with excellent highway access.; Expansive Property: 106,240 sq. ft. on 9.39 acres in a strong Agawam industrial market.
