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360-366 College St

3,990 SF Retail Building Amherst, MA 01002 $1,100,000 ($276/SF) 7.27% Cap Rate

Investment Highlights

  • 4,000 SF Retail Property
  • Tenant Paid Utilities & Reimbursements
  • Off-street Parking
  • Signalized Intersection
  • 15,000 SF Corner Lot
  • Route 9 Location

Executive Summary

Northeast Private Client Group is pleased to present The College Street Retail, a 4,000 +/- SF retail property located at 360 College Street in Downtown Amherst, Massachusetts.
The College Street retail is comprised of four tenants one of which is currently vacant adding potential for an owner / user investor. The .34 acre lot provides ample off-street parking for all tenants and visitors. Tenants are responsible for their own utilities, with some reimbursing for landlord expenses.
Located on a corner lot of a 4-way signalized intersection the College Street Retail provides all tenants with exceptional visibility from the high traffic route 9 obtains. College Street is also ideally located just outside downtown Amherst in close proximity to Amherst College, The University of Massachusetts (UMass) and numerous shops & amenities.
For more information please reach out directly to Tim McGeary.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,990 SF
Building Class
B
Year Built
1970
Price
$1,100,000
Price Per SF
$276
Cap Rate
7.27%
NOI
$79,968
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.34 AC
Parking
18 Spaces (4.51 Spaces per 1,000 SF Leased)
Frontage
107 FT on College St

Nearby Major Retailers

Bank of America
Shari's Cafe and Pies
TD Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
AMHE-000015A-000000-000028
Land Assessment
$202,400
Improvements Assessment
$387,400
Total Assessment
$589,800
  • Listing ID: 34189407

  • Date on Market: 12/13/2024

  • Last Updated:

  • Address: 360-366 College St, Amherst, MA 01002

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