40 Ctr St, Northampton, MA 01060-3405
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CB · Northampton, MANorthampton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.