Property profile

Bridge St Shelburne, MA 01370

OFF-MARKET
Commercial real estate
0.26 ac lot Built 1900
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Property summary

AI-generated overview

This exceptional mixed-use property presents a compelling investment opportunity in the thriving downtown Shelburne Falls, MA. Situated on a 0.26-acre lot at a prime Bridge Street location, this classic brick and stone building boasts 6,017 square feet of space, perfectly blending commercial and residential uses. The ground floor comprises four thriving commercial units currently occupied by a restaurant (with a beer and wine license), a home goods store, a gift shop, and an art gallery. Each unit offers street-level access and contributes to a vibrant and diverse commercial environment. Upstairs, four residential apartments provide additional income streams. Each apartment features three rooms, including one bedroom and one full bathroom, modern kitchens, and hardwood floors throughout. Recent improvements include a new rubber roof, a renovated basement with a cement floor, and a newly paved driveway and rear parking area. Furthermore, the baseboard heating systems in the apartments were updated last year. The property benefits from town water and sewer connections. Shelburne Falls is a rapidly growing destination known for its dining, arts, and entertainment scene, attracting visitors year-round to attractions such as the Bridge of Flowers and Salmon Falls. This property offers a unique blend of established commercial tenants and income-generating residential units, making it an ideal investment for discerning buyers seeking strong returns in a desirable location. The asking price is $1,200,000.

Property profile

Verified
Property type Commercial real estate
Year built 1900
Lot 0.26 ac (11,326 SF)

Cap rate & NOI

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

Location

Bridge St Shelburne, MA 01370
Shelburne metro
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Value estimations

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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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