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The Roundhouse & Annex 244 Main St 16,980 SF 100% Leased Office Building Northampton, MA 01060 $2,714,838 CAD ($159.88 CAD/SF)
Investment Highlights
- On site parking, near Amtrack, Bike Path, and Downtown.
- Architecture development plans for a 5-6 residential condo conversion are available.
- Dramatic High Ceilings, Exposed Brick Walls, and Drenched in Sunlight.
Executive Summary
Exceptional mixed-use redevelopment opportunity in the heart of downtown Northampton. This historic 2-building property, offers approximately 16,980 SF with 22 on-site parking spaces, elevator, and architectural plans for a condo conversion with complementary commercial uses. The redesign concept includes 7 residential units, 5 in the Annex and 2 in the Roundhouse, along with 2 commercial spaces: a café and a wellness-focused gym/spa. Residential units are primarily 2-bedroom, 2-bath luxury layouts, including a 2-level, townhouse-style unit, designed for high-quality in-town living. The existing steel pedestrian bridge connecting the Roundhouse directly to Main Street, providing strong visibility and walkability. The café includes a mezzanine level, and the gym/spa is planned for the lower level with multiple means of egress. Steps to shops, dining, bike path, Amtrak to NYC/Boston, and I-91. Located in an Opportunity Zone with potential CPA and historic tax credit eligibility.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
16,980 SF
Building Class
B
Year Built/Renovated
1853/2014
Price
$2,714,838 CAD
Price Per SF
$159.88 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,660 SF
Building FAR
2.44
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
CB - Central Business Side Street -1st floor residential approved by planning, Building is located within a federally designated Opportunity Zone.
Parking
22 Spaces (1.3 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | NHAM-000031D-000251-000001 | Improvements Assessment | $2,683,436 CAD |
| Land Assessment | $521,961 CAD | Total Assessment | $3,205,398 CAD |
Property Taxes
Parcel Number
NHAM-000031D-000251-000001
Land Assessment
$521,961 CAD
Improvements Assessment
$2,683,436 CAD
Total Assessment
$3,205,398 CAD
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The Roundhouse & Annex | 244 Main St
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