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$259,000
Est. payment /mo
1,648 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,648 sqft
Price per Sqft $157
MLS Listing ID 73588596
HOA Y/N false
Year Built 1920
Annual Tax Amount $2,309
Tax Year 2026
Lot Size 2,178 Sqft
Acres 0.05
Property 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 property's 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 all necessary municipal approvals. Located in the Central Commercial District, which allows a broad range of commercial and mixed residential/business uses. Street parking. Please do not disturb tenants. Shown by appointment only.
Location
State MA
County Franklin
Zoning CC
Direction GPS Friendly
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
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Listed by Brick & Mortar Northampton
Nearby School & Business
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