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267 Locust #- 10 Units Northampton, MA 01060
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Key Details
Sold Price $2,015,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,745 sqft
Price per Sqft $187
MLS Listing ID 72946347
Sold Date 10/03/22
Year Built 2004
Annual Tax Amount $27,819
Tax Year 2022
Property Description
INVESTMENT PROPERTY - estimated CAP RATE 10.13% !!! TEN commercial condominium units for sale in the Blue and Brown area of the SILK MILL BUILDING. Nine units are office space and all are currently leased triple net, one unit is a laundry room located in the residential area but also connected to the commercial Blue area. The property is located on Route 9 in Northampton/Florence and has been established for almost 40 years. The building consists of sixteen commercial condominium units and 26 residential. The property is bordered by the bike path and close to Florence Center and Cooley Dickinson Hospital. Financial information is available upon request to qualified buyers. Unit numbers are R1B, R1C, R1D, R1E, R1F, R4, R5, R6A, R6B, R6C.
Location
State MA
County Hampshire
Area Florence
Zoning OI
Direction Heading from Northampton to Florence on the corner of Route 9 (Locust Street) and Straw Avenue
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts, Fiber Optic
Total Parking Spaces 100
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Bought with Bridget Goggins • Coldwell Banker Community REALTORS®
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