Property profile

9 Ctr Ct Northampton, MA 01060

OFF-MARKET
Office buildings
Property ID
US38-0771771
2,786 SF 0.04 ac lot Built 1900
Individually Owned 31-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,093-square-foot free-standing office building presents a unique opportunity in the heart of Northampton, MA. Situated on a quiet, private cul-de-sac, this well-maintained converted Victorian building offers three floors of versatile office space bathed in natural light. The first floor features a spacious reception area, a full bathroom, two generously sized private offices, and a convenient kitchenette. The second floor provides three additional private offices, a smaller waiting area, and another full bathroom. The third floor includes a private office and a large, adaptable space ideal for a common area or additional office space. Built in 1900, the building is classified as Class B and boasts modern amenities including a fully climate-controlled environment and a Venmar air exchange system ensuring fresh air circulation throughout. The property includes three parking spaces and sits on a 0.04-acre lot. This single-tenant building is perfect for a business seeking a prestigious and functional space in a vibrant downtown setting. The building's classic architecture blends seamlessly with modern functionality, creating an ideal environment for productivity and comfort. Its prime location offers easy access to local amenities and a thriving business community. This is a rare opportunity to acquire a distinctive and well-maintained office building in a highly desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Construction FRAME
Total area 2,786 SF
Lot 0.04 ac (1,694 SF)
Zoning code CB
APN NHAM M:031B B:0273 L:0001
UPID US38-0771771

Cap rate & NOI

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

Location

9 Ctr Ct Northampton, MA 01060-3006
Northampton metro Census 821904 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$684k
Blend (final) Blend
$300k

Owner & transaction history

since 1995
2 recorded transactions
1995
$144,000
1993
$95,000

Zoning & alternative use

CB · Northampton, MA

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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