About 207-209 Main St
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.
Features of 207-209 Main St
| MLS® # | 73588596 |
|---|---|
| Price | $259,000 |
| Square Footage | 1,648 |
| Acres | 0.05 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 207-209 Main St |
|---|---|
| City | Greenfield |
| County | Franklin |
| State | MA |
| Zip Code | 01301-3203 |
Amenities
| Utilities | Public Water, Public Sewer |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | CC |
|---|
Listing Details
| Agent | Shelly Hardy |
|---|---|
| Office | Brick & Mortar Northampton |