33 Main St Belchertown, MA 01007-8815
- Turn key restaurants
- 2,466 SF
- 0.48 lot acres
Current Use by Public Records
- Domino's Pizza / Pizza Delivery / Chicken Wings Restaurant
Property Details for 33 Main St
- Year built
- 1979
- Construction
- FRAME
- Lot size
- 0.48 lot acres
- Property size
- 2,466 SF
- Property type
- Turn key restaurants
- APN
- BELC M:243 L:121.01
- APU
- BELCM243L12101
Description
This exceptional investment opportunity presents a 2,466 square foot Domino's Pizza restaurant located at 33 Main St, Belchertown, MA 01007. The property, built in 1979 and extensively renovated in 2023, boasts a modern "pizza theater" design, offering carryout, delivery, and a convenient pickup window. The 0.48-acre lot provides ample parking and high visibility across from the Town Common and near Town Hall. This single-tenant, NNN leased property features a 6.00% cap rate and a strong NOI of $59,614. The lease, assumed March 31, 2024, by Belchertown Pie Company, Inc., a multi-unit Domino's franchisee (15 locations), has approximately 8.5 years remaining, expiring November 30, 2032, and is personally guaranteed by the owner. The asking price is $993,566 ($402.91/sq ft). Belchertown's prime location, near Springfield and Amherst, and its established retail corridor (including Stop & Shop, Tractor Supply, CVS, and more) ensures strong tenant performance and long-term investment value. The 100% occupancy and the franchisee's proven track record contribute to this property's exceptional investment potential. This is a turnkey investment opportunity with significant upside.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $410,000
- 7%
- $405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $350,000
- Geo Method
- $410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $395,000
- Retail
- $440,000
- Mixed-Use
- $380,000
- Hospitality
- $330,000
- Educational
- $430,000
- Residential Income
- $360,000
- Energy
- $340,000
- Income-Based Land
- $390,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Belchertown
- County
- Hampshire
- State
- Massachusetts
- Longitude
- -72.4027
- Latitude
- 42.2785
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA