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For Sale

207-209 Main St

207-209 Main St, Greenfield, MA 01301

$259,000

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.

3
baths

1,648 Sq.Ft. LIVING AREA

2,226 Sq.Ft. lot

Shelly Hardy

title Licensed REALTOR®
PHONE (413) 320-3821
EMAIL [email protected]
DRE # 9531706

Features & Amenities

Interior

Total bathrooms3

Area & Lot

Status For Sale
Living Area1,648 Sq.Ft.
Total Area1,648 Sq.Ft.
Lot Area2,226 Sq.Ft.
MLS® ID73588596
TypeCommercial
YEAR BUILT1920

Exterior

utilitiesPublic Water, Public Sewer

Financial

Sales Price$259,000
Real Estate Tax $2,309/yr
Zoning CC

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