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Priced at $6,375,000, this retail property at 338 King Street in Northampton, Massachusetts, functions as an established auto shop. The asset offers investors a 6% cap rate within a stable New England submarket. Northampton serves as a regional hub for the Pioneer Valley, benefiting from consistent local traffic and proximity to major academic and cultural institutions that support a diverse customer base. The location is well-positioned to serve both residents and commuters traveling through the corridor. Given the configuration of the site, the asset is suited for continued operation as an automotive service facility or potential redevelopment as a retail storefront. The infrastructure provides the utility requirements necessary for vehicle-related commerce, while the positioning on a primary thoroughfare ensures visibility. This property represents a clear investment in the Northampton retail sector, providing a turnkey opportunity for those seeking an income-generating asset in a historically resilient Massachusetts market.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.