Technical
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Property profile

2 Columbia St Adams, MA 01220

OFF-MARKET
Specialty properties
6,147 SF 2.8 ac lot
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Property summary

AI-generated overview

This exceptional offering presents a unique investment opportunity in Adams, Massachusetts. The property encompasses two buildings situated on a generous 2.8-acre lot conveniently located on Route 8 at 2 Columbia Street. The main structure is a substantial church building, boasting approximately 10,517 square feet of space, ideal for a variety of adaptive reuse purposes. Complementing the church is a three-story residential building, offering approximately 6,147 square feet, along with a 616 square foot garage. This provides significant potential for residential conversion, rental income, or complementary commercial use. The property is zoned R-4, allowing for flexibility in future development plans. The combined square footage of both buildings offers substantial space for a wide range of uses. The property's size and location make it an attractive prospect for developers, investors, or religious organizations seeking a prominent presence in the Adams community. Please note that a deed restriction is associated with the property. This property is priced at $999,000 and presents a rare opportunity to acquire a substantial property in a desirable location. Further due diligence is recommended to fully understand the potential and limitations of the property and the associated deed restriction.

Property profile

Verified
Property type Specialty properties
Total area 6,147 SF
Lot 2.8 ac (121,968 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Bank Charitable Organization

Location

2 Columbia St Adams, MA 01220
Adams metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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