76 Maple St Northampton, MA 01062-1233
- Investment properties
- 0.80 lot acres
Current Use by Public Records
- Investment properties
Property Details for 76 Maple St
- Lot size
- 0.80 lot acres
- Zone code
- GB
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- NHAM M:017C B:0223 L:0001
- APU
- NHAMM017CB0223L0001
Description
This exceptional street-level retail space, located at 78 Maple Street in the heart of Florence Village, offers a unique opportunity for businesses seeking a vibrant and established location. Part of the iconic Parsons Block, a beautifully preserved 1894 brick building, this 1,014 square foot unit boasts large street-facing windows, providing excellent visibility and natural light. The building itself is a two-story structure, featuring a mix of retail spaces on the ground floor and residential apartments above. The property sits on a 1.81-acre lot and benefits from both on and off-street parking options. The building underwent renovations in 2023, ensuring modern amenities within a historically significant setting. The space is part of a 29,444 square foot building with a total of 19 suites, currently enjoying low vacancy rates. The property is zoned for General Business use and offers rear access to a parking lot for convenient loading and unloading. Property taxes are $1.09 per square foot. While there are no elevators, the unit is conveniently located on the ground floor. This is an ideal location for businesses seeking a strong presence in a thriving community with a rich history and a supportive local environment. The building's character and location provide a unique opportunity to establish a business in a highly visible and desirable setting. The minimum divisible space is 1,014 square feet, making it perfect for a variety of retail concepts.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,455,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,585,000
- 6.5%
- $1,630,000
- 7%
- $1,895,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,815,000
- Geo Method
- $1,555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,650,000
- Retail
- $1,915,000
- Mixed-Use
- $1,605,000
- Hospitality
- $1,390,000
- Educational
- $1,680,000
- Residential Income
- $1,670,000
- Energy
- $1,530,000
- Income-Based Land
- $1,820,000
- Food Service
- $1,590,000
Location Insight
- Map
- Local Demand
- City
- Northampton
- County
- Hampshire
- State
- Massachusetts
- Longitude
- -72.6725
- Latitude
- 42.3352
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
