$700,000
$975,000
28.2%For more information regarding the value of a property, please contact us for a free consultation.
19 Wemelco Way Easthampton, MA 01027
16,271 SqFt
Key Details
Sold Price $700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 16,271 sqft
Price per Sqft $43
MLS Listing ID 72518503
Sold Date 10/10/19
Year Built 1961
Annual Tax Amount $8,461
Tax Year 2019
Lot Size 2.660 Acres
Acres 2.66
Property Description
EUREKA! 16,271 SF Butler style building leased to a Marijuana Dispensary in the Cannabis industry. Licensed and permitted by the Commonwealth of Mass and the Town of Easthampton. Leased for 5 years at $240,000 per year NNN. $4,000,000 in tenant fit up about to commence and paid by the tenant. 24.6% CAP RATE for the astute investor.
Location
State MA
County Hampshire
Zoning I
Direction Wemelco way is off Rt 10 on the Easthampton/Southampton line and next to Manhan Rail trail
Exterior
Utilities Available Public Water, Public Sewer
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Bought with Mark DiFranco • DiFranco Realty