

Prominent Florence Investment Opportunity
Mixed Use | 29,444 SqFt
Marketing description
Jennings Real Estate Services, Inc.- The Parsons Block is a mixed-use property located in the heart of Florence Village, a vibrant and independent neighborhood within Northampton. Originally constructed in 1894, this prominent brick building features street-level retail space with long-term tenants and residential apartments above, benefiting from consistently low vacancy rates. The property is offered for sale with on- and off-street parking, strong local foot traffic, and a dynamic mix of surrounding small businesses. The building has been well maintained and renovated, making it a compelling opportunity for an owner seeking stable, in-place income in a walkable village center with enduring demand.
Investment highlights
* NEWLY RENOVATED RETAIL AND RESIDENTIAL UNITS
* ROOF REPLACED (2022)
*10 RENOVATED RESIDENTIAL APARTMENTS
*CUSTOM COMMERCIAL BUILDOUTS (2023-2025)
*FIRE ALARM SYSTEM UPGRADE (2022)
* COMPLETE ELECTRICAL SERVICE UPGRADE (INDIVIDUAL METERING) (2023-2025)
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