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    FOR LEASE
    Office buildings

    48 N Pleasant St, Amherst, MA 01002

    15,357 SF 0.24 ac lot Built 1984
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US38-0818512
    48 N Pleasant St, Amherst, MA 01002 For Lease
    $28 SF/Yr
    48 N Pleasant St, Amherst, MA 01002
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    Property summary
    AI-generated overview

    This exceptional Amherst, MA office space, located at 48 N Pleasant Street (cross street: Amity Street), offers a prime location in the heart of downtown. The building, a three-story Class B property constructed in 1984, features two total suites with elevator access. Ideal for businesses seeking flexible space, this listing presents one available office suite ranging from 404 to 487 contiguous square feet. The minimum divisible space is 404 square feet, making it suitable for a variety of tenant needs. The building is conveniently zoned for business use and is handicap accessible, ensuring inclusivity and convenience. This traditional office space provides a professional environment within a vibrant downtown setting, offering easy access to local amenities and businesses. The property's central location and functional design make it an attractive option for companies seeking a well-maintained and accessible office space in Amherst. The building's multiple tenancy structure allows for a diverse range of businesses to coexist. This is a fantastic opportunity to establish a presence in a thriving downtown area. Inquire today to learn more about leasing options and availability.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1984
    Construction STEEL FRAME
    Total area 15,357 SF
    Lot 0.24 ac (10,670 SF)
    APN AMHE M:0014A B:0000 L:0040
    UPID US38-0818512
    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
    Current use
    Occupant on record · Public records
    • Anthem Blue Cross Insurance Agency
    • Dunn Associates Tax Preparation
    • Electrolysis by Athena & Lorraine Hair Salon
    • D Angelo Real Estate Inc Real Estate Agency
    • Dr. Arthur Palladino jr, MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.06M
    Blend (final) Blend
    $4.02M
    Owner & transaction history
    D Angelo INC · 3 yrs held
    D Angelo INC
    since 2022
    6 recorded transactions
    2022
    2020
    2012
    1997
    1990
    1989
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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