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Property profile & analytics
FOR SALE
Retail space

137 King St Northampton, MA 01060

7,780 SF 0.41 ac lot Built 1902
Individually Owned 37-yr Hold Free & Clear
Property ID
US38-0612241
Property summary
AI-generated overview

This exceptional 7,780 square foot retail storefront, located at 137 King Street in Northampton, Massachusetts, presents a compelling investment opportunity. Built in 1902, this single-tenant property boasts a prime location on a busy thoroughfare, near the intersection of Summer and North Streets, and directly across from a Dunkin'. The asking price is $1,750,000, translating to $224.94 per square foot. The property sits on a 0.41-acre lot and is zoned CBg. The building's layout is highly versatile, featuring a spacious showroom or reception area at the front and a rear warehouse area complete with an overhead door, ideal for efficient deliveries. Currently operating at 100% occupancy with a renewed lease term, this property offers excellent visibility and strong potential for continued rental income. Its strategic location and functional design make it an attractive asset for discerning investors seeking a stable and profitable retail investment in a thriving Massachusetts market. The property's size and layout offer significant flexibility for a variety of retail uses. This is a rare opportunity to acquire a well-maintained, fully leased commercial property in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1902
Construction FRAME
Total area 7,780 SF
Lot 0.41 ac (17,903 SF)
Zoning code HB
APN NHAM M:031B B:0050 L:0001
UPID US38-0612241
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$405k
Blend (final) Blend
$540k
Owner & transaction history
T Standick · 37 yrs held
T Standick
since 1989
3 recorded transactions
2004
Price N/A
1992
Price N/A
1989
$85,000
Zoning & alternative use
HB · Northampton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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