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15 Research Dr

15,800 SF 100% Leased Office Building Amherst, MA 01002 £1,811,011 (£115/SF) 8.70% Net Initial Yield

Investment Highlights

  • LEED Platinum Certified
  • On the bus line, close to downtown and UMASS

Executive Summary

This 15,800 sf building was one of the first to become LEED Platinum Certified in New England, built with attention to every detail, it has been maintained beautifully. It is currently 100% occupied with solid financials and long term leases. It includes attractive office spaces and a residential unit. Just a short drive to downtown Amherst and UMASS it is located on the bus line in a professional research park. Call agent for a complete informational package. This property would be a good one for 1031 Exchange.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
15,800 SF
Building Class
B
Year Built
2010
Price
£1,811,011
Price Per SF
£115
Net Initial Yield
8.70%
NOI
£157,558
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
7,900 SF
Building FAR
0.21
Lot Size
1.75 AC
Zoning
PRP
Parking
45 Spaces (2.85 Spaces per 1,000 SF Leased)
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15 Research Dr, Amherst, MA - aerial map view

PROPERTY TAXES

Parcel Number AMHE-000021B-000000-000081 Improvements Assessment £1,349,330
Land Assessment £170,918 Total Assessment £1,520,247

PROPERTY TAXES

Parcel Number
AMHE-000021B-000000-000081
Land Assessment
£170,918
Improvements Assessment
£1,349,330
Total Assessment
£1,520,247
(413) 374-1779

Contact

  • Listing ID: 34345542

  • Date on Market: 02/01/2025

  • Last Updated:

  • Address: 15 Research Dr, Amherst, MA 01002

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© 2025 CoStar Group

15 Research Dr
(413) 374-1779 x

15 Research Dr

Pat Patenaude

(413) 374-1779

(413) 374-1779

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