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    OFF-MARKET
    Warehouses

    261-263 Main St, Northampton, MA 01060

    0.04 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity: a 0.04-acre industrial property located at 261-263 Main Street in Northampton, Massachusetts, 01060. This property is zoned for commercial and warehouse use, offering significant potential for various business ventures. The asking price is $2,200,000. The building itself is a two-story structure featuring a three-bedroom apartment with a gourmet kitchen, office space, central air conditioning, and a rooftop deck. The first floor benefits from abundant natural light due to vaulted clerestory windows and expansive skylights. The convenient downtown location offers easy access to the Academy of Music, Pulaski Park, Smith College, galleries, cafes, restaurants, and live music venues. The second level includes a large primary bedroom with floor-to-ceiling windows, a walk-in closet, and an en-suite bathroom. Additional features on the second level include a laundry room, a full bathroom, and two more bedrooms. A finished basement provides extra space, potentially usable as an office or den, along with a full bathroom and ample storage. This property presents a unique blend of residential and commercial potential in a highly desirable location. The property's central location and versatile layout make it an attractive option for a variety of uses.

    Property profile
    Verified
    Property type Warehouses
    Lot 0.04 ac (1,742 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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