207-209 Main St
$259,000
1,648
Sqft
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$259,000
1,648
Living Area
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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.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1920
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Additional Details
- Zoning: Cc
- Zoning Description: Other (See Remarks)
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Fees / Taxes
- Tax Year: 2026
- Taxes: $2,309
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Listing information provided courtesy of Brick & Mortar Northampton.
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