Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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