41 Main St Northampton, MA 01062
- Office buildings
- 6,842 SF
- 0.17 lot acres
Current Use by Public Records
- Office buildings
Property Details for 41 Main St
- Year built
- 1977
- Construction
- FRAME
- Lot size
- 0.17 lot acres
- Property size
- 6,842 SF
- Zone code
- GB
- Property type
- Office buildings
- APN
- NHAM M:023A B:0079 L:0001
- APU
- NHAMM023AB0079L0001
Description
This exceptional 1,100 square foot office space, located at 41 Main Street in Northampton, Massachusetts, presents a unique opportunity for businesses seeking a prime location. Situated in the heart of Florence, this basement unit within a larger two-story building offers a versatile layout ideal for a variety of uses. The space is currently zoned General Business (GB) and features three private offices, one of which includes a private half-bath. Additionally, there's a large open workspace area complemented by a shared half-bath. The property sits on a 0.168-acre lot and is part of a 6,842 square foot building constructed in 1977. Utilities and dumpster usage are the responsibility of the tenant. A significant advantage is the sub-dividability of the space, allowing for flexible configurations to suit specific business needs. This single-tenant occupancy property offers a convenient and well-located space for businesses seeking a presence in Northampton's vibrant commercial district. The property's central location provides easy access to local amenities and transportation. This is an excellent opportunity to establish or expand your business in a thriving area. The property is available immediately.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $445,000
- 6.5%
- $485,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $435,000
- Geo Method
- $385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $530,000
- Mixed-Use
- $495,000
- Hospitality
- $515,000
- Educational
- $545,000
- Residential Income
- $515,000
- Energy
- $545,000
- Income-Based Land
- $550,000
- Food Service
- $480,000
Location Insight
- Map
- Local Demand
- City
- Northampton
- County
- Hampshire
- State
- Massachusetts
- Longitude
- -72.6687
- Latitude
- 42.3351
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA