Property profile

40 Ctr St Northampton, MA 01060

OFF-MARKET
Office buildings
Property ID
US38-0716531
3,959 SF 0.11 ac lot Built 1880
Individually Owned 10-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional, fully renovated office building is located in the heart of downtown Northampton, MA, on a quiet side street. Spanning over 3,900 square feet, the property boasts eight individual offices, four half-bathrooms, and a large, versatile group room perfect for yoga studios, workshops, or group meetings. Currently occupied by clinicians and bodyworkers on month-to-month leases, this presents a fantastic opportunity for similar professionals or new businesses. The building offers convenient amenities including one designated parking space and a handicapped-accessible parking space in the rear, ideal for loading and unloading. Built in 2017, the complete renovation included new windows, a new zoned central air conditioning and heating system, and an attractively landscaped walkway. The building is ADA-compliant, featuring a wheelchair ramp and an accessible office space. Additional features include a waiting room and tea station on the second floor, and a kitchenette on the first floor. The 0.11-acre lot provides ample space for the building and its parking. This meticulously maintained property is in excellent condition and ready for immediate occupancy. The asking price is $900,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1880
Construction FRAME
Total area 3,959 SF
Lot 0.11 ac (4,735 SF)
Zoning code CB
APN NHAM M:031B B:0287 L:0001
UPID US38-0716531

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

40 Ctr St Northampton, MA 01060-3405
Northampton metro Census 821904 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.04M
Comparable Approach Comparable
$1.82M
Blend (final) Blend
$1.72M

Owner & transaction history

since 2016
3 recorded transactions
2016
$479,000
2012
$1
1987
Price N/A

Zoning & alternative use

CB · Northampton, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 40 Ctr St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message