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Property profile & analytics
FOR SALE
Manufacturing properties

270 Main St Agawam, MA 01001

106,240 SF 9.39 ac lot Built 1950
Entity Owned 13-yr Hold Free & Clear
Property ID
US38-0209147
270 Main St, Agawam, MA 01001 For Sale
$5,250,000 106,240 SF
270 Main St, Agawam, MA 01001
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Property summary
AI-generated overview

This exceptional 4,500-square-foot commercial space, located at 270 Main Street in Agawam, Massachusetts, presents a unique opportunity. Previously occupied by the Shriners, this unit offers a versatile layout ideal for coworking or creative office use. The space includes numerous private offices and two private bathrooms, ensuring privacy and functionality. The property benefits from a gross lease structure, with the landlord covering all utilities, including heat, air conditioning, and electricity. Situated within a larger 110,000-square-foot building on a 9.39-acre lot, this single-tenant unit offers a secure and convenient location. Enjoy the benefit of over 300 shared parking spaces, ensuring ample parking for employees and clients. The building, constructed in 1950 and renovated in 2016, is a Class B property featuring one Otis elevator and is handicapped accessible. The property is zoned Industrial A and is located near the intersection of Main Street and Cooper Street, in Agawam, MA 01001. This prime location boasts high occupancy rates within a multi-tenant building, providing a vibrant and collaborative environment. Furthermore, this property is situated within an Opportunity Zone.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1950
Construction STEEL FRAME
Total area 106,240 SF
Lot 9.39 ac (409,028 SF)
Zoning code IA
APN AGAW M:0K13 B:0001 L:5
UPID US38-0209147
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
Current use
Occupant on record · Public records
  • Agawam Community Center Hotel & Motel Resort
  • Honest Homes LLC Property Management Company
  • All Access Trading Llc Department Store Grocery & Convenience Store
  • NxTLvL Athletics Gym & Fitness Center Sports Field & Court
  • Chem-X Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.85M
Blend (final) Blend
$2.10M
Owner & transaction history
Dragon Paradise LLC · 13 yrs held
Dragon Paradise LLC
since 2013
7 recorded transactions
2016
Price N/A
2013
$700,000
2010
$1.3M
2003
Price N/A
2002
$2.1M
1998
Price N/A
1997
Price N/A
Zoning & alternative use
IA · Agawam, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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