This prime location, 3 story, 6 unit downtown mixed-use building with high visibility and traffic count is ready for your vision. Property consists of two 1st floor commercial storefronts, a finished basement, and 2 residential apt on 2nd and 3rd floors. Current Cap Rate is 7.74% with a potential for over 9.25% after improvements. A rooftop deck crowning this red brick building w/ Keystone accents will increase its value as the views are spectacular. Building faces South and takes in the Seven Sisters Holyoke Mountain range. Total building is 7019 sqft., apt floor plans available. This property would make an incredible and profitable condo conversion. Well established business have lasted the test of time with the Haymarket Café present for more than 2 decades and Tim’s Books thriving for over two years replacing Adam’s Jewelers, present in the community for nearly 4 decades. Municipal parking garage and several long term lots just steps away. Property is priced to be sold “as is”.
Maple And Main Realty, LLC
28 North Maple Street
Northampton, MA 01062
For more information on this property go here: http://buyandsellpioneervalley.com/listings/183-Main-St-Northampton-MA-01060-72869801
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