270 Main St Agawam Industrial
Development Opp for Retail, Storage or Contractor Bays
Marketing description
Investment Overview: 270 Main Street Agawam MA 01001
Located at 270 Main St., this expansive 106,240 sq. ft. property on 9.39 acres is a prime investment opportunity situated in a strong Agawam industrial market.
Property & Location Highlights
Strategic Location: The site sits within an Opportunity Zone—presenting significant potential tax benefits for investors—and offers excellent access to major highways, positioned directly across from Hood.
Proven Development Potential: The expansive acreage has previously drawn retail development interest from national brands like Family Dollar and Dunkin' Donuts.
Multiple Income Streams: The property is highly suitable for further income generation through the addition of contractor garages or rooftop solar installations.
Financial & Upside Potential
Strong Baseline Financials: The existing warehouse generates a steady gross scheduled income of $716,604 per year.
High-Yield Returns: Generating a net operating income (NOI) of $438,864, the asset boasts a solid 8.36% cap rate.
Value-Add Upside: Investors can capture immediate upside potential by capitalizing on current below-market rent rates to increase overall returns.
Smart Leverage: Owner financing is available, allowing you to leverage seller motivation for favorable terms, minimize closing costs, and avoid unpredictable commercial bank interest rates.
Investment highlights
Investment Highlights
Prime Industrial Asset: Expansive 106,240 sq. ft. facility situated on 9.39 acres in Agawam, MA, featuring exceptional highway access.
Opportunity Zone Location: Positioned within a designated Opportunity Zone, offering significant potential tax advantages for the right investor.
Immediate Value-Add Upside: Capitalize on below-market rents (currently ~$6.19/sq. ft. compared to market rates of $8–$9 for warehouse and $15–$18 for office space) to drive immediate returns.
Strong Stabilized Yield: Generates an updated Net Operating Income (NOI) of $438,864 , delivering a solid 8.36% cap rate at the current list price.
Multiple Revenue Pathways: Unlock additional income opportunities through the potential addition of contractor garages or rooftop solar installations.
Proven Development Potential: The expansive site has previously attracted retail development interest from major national brands, including Family Dollar, Dunkin' Donuts, and self-storage operators.
Smart Leverage: Highly attractive owner financing is available—$1.5 million down payment, 7.5% interest rate, and a 20-year term—allowing you to bypass unpredictable commercial bank interest rates.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
