Technical
Financial
Distress signals
Property profile

422 Main St Easthampton, MA 01027

FOR LEASE
Banks
Property ID
US38-2539336
2,296 SF 0.93 ac lot Built 2008
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A 1,100-square-foot ground-floor retail/office suite located in Verizon Plaza at 422 Main Street, Easthampton. The space is configured as a former bank and includes a functional drive-through area that is usable subject to Town approval, as well as a layout with expansive storefront windows, a flexible open floor plan, and a private restroom. The suite previously received approval for an ATM; reinstating an ATM would require special Town approval. Verizon Plaza is an anchored shopping center with nearby retail uses, including proximity to Big Y and Tractor Supply, and is positioned along a busy commercial corridor with access to vehicle traffic. The plaza provides 20 on-site parking spaces. The suite is suited for uses such as boutique retail, professional services, or a showroom.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2008
Construction FRAME
Total area 2,296 SF
Lot 0.93 ac (40,663 SF)
Zoning code I
APN EHAM M:00164 B:00007 L:00000
UPID US38-2539336

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Electronics & Wireless Store
  • Credit Union

Location

422 Main St Easthampton, MA 01027
Easthampton metro Census 822401 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$570k

Owner & transaction history

since 2024
Last sale
$570,000
7 recorded transactions
2024
Price N/A
2024
$570,000
2013
$5,000
2012
$1
2012
Price N/A
2008
$224,000
2003
Price N/A

Zoning & alternative use

I · Easthampton, MA
Zoning description

e of Use Regulations (Table 5-1) Districts R-5 Residential - Urban DB Downtown Business R-10 Residential - Suburban B HB Highway Business R-15 Residential - Suburban A NB Neighborhood Business R-35 Residential - Rural C…

General category INDUSTRIAL

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
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