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4 Park St 7,364 SF 100% Leased Retail Building Belchertown, MA 01007 $895,000 ($121.54/SF)
Executive Summary
Region Commercial is pleased to offer on an exclusive basis, 4-8 Park Street, Belchertown, MA available for sale. The property, situated on roughly 0.22 acres, consists of approximately 7,364 square feet of space.
The property is positioned in the center of Belchertown, just off the Town Common with municipal parking directly across the street. Nearby you can find local restaurants, the Town Hall, and other community services all within walking distance.
On the lower level, you can find two commercial tenant spaces. The first being Belchertown Discount Liquors, and the other a newly renovated restaurant space. Upstairs are two residential apartments one being a 2 Bed, 2 Bath and the other a 2 Bed 1 Bath. This mixed-use opportunity is a rare find and ready for its next investor.
Prior year NOI for this property is approximately $61,900. For additional revenue and expense information, please inquire.
The property is positioned in the center of Belchertown, just off the Town Common with municipal parking directly across the street. Nearby you can find local restaurants, the Town Hall, and other community services all within walking distance.
On the lower level, you can find two commercial tenant spaces. The first being Belchertown Discount Liquors, and the other a newly renovated restaurant space. Upstairs are two residential apartments one being a 2 Bed, 2 Bath and the other a 2 Bed 1 Bath. This mixed-use opportunity is a rare find and ready for its next investor.
Prior year NOI for this property is approximately $61,900. For additional revenue and expense information, please inquire.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,364 SF
Building Class
C
Year Built
1895
Price
$895,000
Price Per SF
$121.54
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.17 AC
Zoning
LB1 - B-1 (Limited Business) with Historic Village Protection Overlay
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | BELC-000244-000000-000012 | Improvements Assessment | $426,800 |
| Land Assessment | $83,300 | Total Assessment | $510,100 |
Property Taxes
Parcel Number
BELC-000244-000000-000012
Land Assessment
$83,300
Improvements Assessment
$426,800
Total Assessment
$510,100
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4 Park St
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