207-209 Main St
Greenfield, MA 01301

$259,000

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Listing Details

$259,000
MLS# 73588596
Type Commercial - Business
Status Active

1,648
Square Feet
0.051 acres
Lot Size
1920
Year Built

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Listed By

Agency Name: Brick & Mortar Northampton
Agent Name: Shelly Hardy
Agency Phone: 413-259-8888

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

Home Value Estimate

Description

Fully occupied downtown Greenfield investment property offering an approximate 10.5% cap rate based on seller-provided income and expenses. The property has an excellent rental history with established tenants, including a longtime nail salon, a Greenfield Police Department satellite office and a tattoo studio occupying the entire second floor. A new owner may continue the propertys current income-producing use while considering its longer-term value-add potential. If the second-floor space becomes available in the future, a buyer may wish to explore reconfiguration into two residential apartments. Conversion would require renovation and...read more

Features

$2,309 Taxes
Built in 1920

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