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MGM Building 11-19 N Pleasant St
2,010 SF of Retail Space Available in Amherst, MA 01002
Highlights
- Heavy Foot Traffic
- Accessible ramp
- Built out cafe/ restaurant
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 0.05 AC | Negotiable | $41.79 /SF/YR $3.48 /SF/MO $449.82 /m²/YR $37.49 /m²/MO $7,000 /MO $83,998 /YR | Triple Net (NNN) |
1st Floor
Available 8/1/25 or fall 2024! Location Location Location. This commercial restaurant is located in the center of Amherst on the sunny side of the street on the business intersection in the center of town. Recently remodeled, fully equipped restaurant with two accessible bathrooms, large kitchen with walk in cooler and freezer and large 26 Ft hood. There is a building wide fire alarm system. The space is approximately 2,010 SqFt. There is 1,150 on the main floor and 860 in the kitchen. Come make your restaurant/ cafe dreams come true! Benefit from the close proximity of Amherst College, Umass Amherst, Hampshire college, Mt. Holyoke College, Smith College. Base rent $7,000 plus utilities and 30% tax and Insurance. Average monthly taxes ($400/month) and monthly insurance ($220) However, taxes are billed quarterly, and insurance is billed annually.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Central Heating System
- Kitchen
- Private Restrooms
- Hardwood Floors
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT MGM Building
- Tenant
- Description
- US Locations
- Reach
- Glazed
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Glazed | Accommodation and Food Services | - | - |
PROPERTY FACTS FOR 11-19 N Pleasant St , Amherst, MA 01002
| Property Type | Retail | Gross Leasable Area | 8,000 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1900 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,000 SF |
| Year Built | 1900 |
About the Property
Location Location Location,: Located on the sunny side of the street with lots of foot traffic and a parking garage in back! We'd love to see a fine dining restaurant come to town in this flagship location. We'd love to bring a new concept to town. Call us with your ideas! Recently remodeled, fully equipped restaurant with two accessible bathrooms, large kitchen with walk in cooler and freezer and large 26 Ft hood. The current permit allows for a class II restaurant serving alcohol. There is a building wide fire alarm system. The space is approximately 2,010 SqFt. There is 1,150 on the main floor and 860 in the kitchen. With 4 colleges, 1 university (all within 5 miles) and a mixed population of many cultures; the Amherst community is open to all ideas. From restaurants to retail Amherst is a melting pot of opportunity. Currently Arigato Sushi.
-
Power Broker Kathryn Chiavaroli -
Lincoln Real Estate
Presented by
MGM Building | 11-19 N Pleasant St
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