2 Main StHuntington, MA 01050

Property Details for 2 Main St

Year built

1890

Construction

FRAME

Lot size

0.35 AC

Property size (Sq ft)

3,354 SF

Property type

Sports & entertainment properties

APN

HUNT M:00H2 B:0034 L:0000

APU

HUNTM00H2B0034L0000

Description

This exceptional investment opportunity in Huntington, MA, presents a rare blend of established income and significant upside potential. The property encompasses two buildings on a 0.46-acre lot, zoned C-3. The main building houses a fully leased restaurant, a beloved local establishment, occupying 2,000-5,500 square feet and generating consistent revenue. Above the restaurant are five efficiently designed apartments, currently 80% occupied, providing a supplemental income stream. The second building, with its own deed, offers 2 stories and a dedicated parking lot, presenting a multitude of possibilities for expansion or additional rental income. This mixed-use property boasts seven total units across two buildings, offering a diversified investment portfolio. Located in the heart of Huntington, near the Berkshires, this property benefits from a charming small-town setting with easy access to outdoor recreation. The property's strong existing cash flow, combined with the potential for further development and expansion, makes it an ideal investment for both seasoned investors and those seeking to diversify their portfolio. This is a value-add opportunity with a modified lease structure and multi-tenancy. The property is situated at 2-4 Main St, Huntington, MA 01050. The asking price is $750,000.

• Alternative Use

  Use

  Valuation

  Residential

  $700,024

  Hospitality

  $641,218

  Educational

  $533,486

  Medical

  $551,833

  Retail

  $829,867

Location Insight

City

Huntington

County

Hampshire

State

Massachusetts

Latitude

42.2353

Longitude

-72.8772

CBSA code

44140

CBSA name

SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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