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People's Bank 494 Newton St 3,406 SF Retail Building South Hadley, MA 01075 $695,000 ($204.05/SF)
INVESTMENT HIGHLIGHTS
- Central Location
- High Visibility
- Ample On-site Parking
EXECUTIVE SUMMARY
This former People’s Bank branch condominium unit consists of approximately 3,406 square feet of finished space and features a drive-up window. The interior was well-built with private exterior offices and interior seating, providing a flexible layout suitable for office or retail use. Ample on-site parking is available at the rear of the building, and the property enjoys excellent visibility along Newton Street (Route 116), a primary commercial corridor in South Hadley.
The location offers strong connectivity to surrounding neighborhoods and is near South Hadley Village Commons and Mount Holyoke College. It is also a short drive to Holyoke, Chicopee, and Interstate 91, providing convenient access to the greater Springfield market. The building’s street presence and curb appeal make it ideal for a local retailer or service provider looking to establish a visible footprint.
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Region Commercial is pleased to present this approximately 3,406 square foot space available for lease for $20.00-$22.00 psf NNN. Formerly a People's Bank branch, the interior is nicely built out as a bank with private exterior offices and interior seating. There is ample parking on-site at the rear of the building for future use and features a drive-up area. The building has excellent visibility to the street for any local retailer looking to capitalize on their curb-appeal. Please reach out if you would like additional information or to schedule a tour.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,406 SF | Retail | Outparcel | 30 Days |
1st Floor
| Size |
| 3,406 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| 30 Days |
1st Floor
| Size | 3,406 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | 30 Days |
Region Commercial is pleased to present this approximately 3,406 square foot space available for lease for $20.00-$22.00 psf NNN. Formerly a People's Bank branch, the interior is nicely built out as a bank with private exterior offices and interior seating. There is ample parking on-site at the rear of the building for future use and features a drive-up area. The building has excellent visibility to the street for any local retailer looking to capitalize on their curb-appeal. Please reach out if you would like additional information or to schedule a tour.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | SHAD-000028-000309-000022 | Improvements Assessment | $111,300 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $111,300 (2025) |
PROPERTY TAXES
Presented by
People's Bank | 494 Newton St
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