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Property profile & analytics
OFF-MARKET Estimated value $4,410,000
Retail space

150 Main St Northampton, MA 01060-3598

88,567 SF 0.38 ac lot Built 1900
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US38-0903112
Property summary
AI-generated overview

This exceptional Northampton property at 150 Main Street offers a diverse range of commercial spaces ideal for various businesses. The building boasts a vibrant downtown location, providing excellent visibility and accessibility. One key opportunity is a 451-square-foot retail space, perfectly suited for a high-end retailer, available for $2,300 per month plus electricity. For larger businesses, a substantial 3,280-square-foot space is available on the lower level. Previously occupied by ACME Surplus, this space is offered at a monthly rent of $5,700, which includes a tenant improvement allowance, providing flexibility for customization. Additionally, the property includes Thornes Office Suites, offering two distinct office options. A larger suite comprises 148 square feet of office space and a 79-square-foot waiting room, renting for $675 per month, inclusive of utilities and internet access. A smaller, more economical 79-square-foot office is also available for $350 per month, with shared amenities and utilities included. The property sits on a 0.38-acre lot, providing ample space and potential for future development. All spaces are located in the heart of Northampton's bustling downtown area, offering unparalleled access to a thriving community and diverse clientele. This is a rare opportunity to secure prime commercial space in a highly desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction FRAME
Total area 88,567 SF
Lot 0.38 ac (16,701 SF)
Zoning code CB
APN NHAM M:032C B:0001 L:0001
UPID US38-0903112
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
$3.92M
Blend (final) Blend
$4.41M
Owner & transaction history
Thornes Marketplace LLC · 20 yrs held
Thornes Marketplace LLC
since 2006
3 recorded transactions
2018
Price N/A
2012
Price N/A
2006
$6.4M
Zoning & alternative use
CB · Northampton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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