The Parsons Block is a mixed-use property in the heart of Florence Village, a vibrant and independent neighborhood within Northampton. Built in 1894, this prominent brick building features leased street-level retail space with long-term tenants and residential apartments above, with consistently low vacancy rates. Now offered for sale, the property includes not only the building but a permitted development project consisting of 11 approved townhouse condominiums on the adjacent lot, presenting an opportunity for immediate expansion and added value. On- and off-street parking, strong local foot traffic, and a dynamic mix of small businesses present an excellent opportunity for an investor looking for a newly renovated project with additional upside potential. The property currently features a multi-family home, presenting a prime opportunity for a value-add flip or a long-term investment.
*Members of ownership entity are licensed real estate brokers/salespersons.