33 Main StBelchertown, MA 01007

Property Details for 33 Main St

Year built

1979

Construction

FRAME

Lot size

0.48 AC

Property size (Sq ft)

2,466 SF

Property type

Turn key restaurants

APN

BELC M:243 L:121.01

APU

BELCM243L12101

Description

This exceptional investment opportunity presents a 2,466 square foot Domino's Pizza restaurant located at 33 Main St, Belchertown, MA 01007. The property, built in 1979 and extensively renovated in 2023, boasts a modern "pizza theater" design, offering carryout, delivery, and a convenient pickup window. The 0.48-acre lot provides ample parking and high visibility across from the Town Common and near Town Hall. This single-tenant, NNN leased property features a 6.00% cap rate and a strong NOI of $59,614. The lease, assumed March 31, 2024, by Belchertown Pie Company, Inc., a multi-unit Domino's franchisee (15 locations), has approximately 8.5 years remaining, expiring November 30, 2032, and is personally guaranteed by the owner. The asking price is $993,566 ($402.91/sq ft). Belchertown's prime location, near Springfield and Amherst, and its established retail corridor (including Stop & Shop, Tractor Supply, CVS, and more) ensures strong tenant performance and long-term investment value. The 100% occupancy and the franchisee's proven track record contribute to this property's exceptional investment potential. This is a turnkey investment opportunity with significant upside.

• CAP approach

  CAP return

  Valuation

  6%

  $599,324

  6.5%

  $553,222

  7%

  $513,706

• Comparable approach

  Method

  Valuation

  Relative Method

  $811,963

  Geo Method

  $811,963

• Alternative Use

  Use

  Valuation

  Residential

  $466,664

  Hospitality

  $427,461

  Educational

  $355,643

  Medical

  $367,874

  Retail

  $553,222

Location Insight

City

Belchertown

County

Hampshire

State

Massachusetts

Latitude

42.2785

Longitude

-72.4027

CBSA code

44140

CBSA name

SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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