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    Property profile & analytics
    OFF-MARKET Estimated value $1,715,000
    Office buildings

    40 Ctr St, Northampton, MA 01060-3405

    3,959 SF 0.11 ac lot Built 1880
    Individually Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US38-0716531
    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
    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
    $2.04M
    Comparable Approach Comparable
    $1.82M
    Blend (final) Blend
    $1.72M
    Owner & transaction history
    Everyday Mindfulness L · 10 yrs held
    Everyday Mindfulness L
    since 2016
    3 recorded transactions
    2016
    $479,000
    2012
    $1
    1987
    Zoning & alternative use
    CB · Northampton, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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