CCertihomes
389 Main Street, Holyoke, MA 01040

$179,000

0 beds 0 baths 988 sqft Built 1920Active

About this home

A remarkable opportunity awaits at 389 Main Street, Holyoke, where you can own and operate a legacy restaurant. This historic location is more than just a space; it's a chance to become part of the future legacy of Main Street.Key Highlights:Address: 389 Main St, HolyokePerfect for a legacy restaurantBe a part of the future legacy of Main StreetClose proximity to bus station for easy accessibilitySurrounded by a diverse mix of residential and commercial propertiesThe property offers the unique potential to create a lasting legacy in the heart of Holyoke's Main Street. If you've ever dreamed of owning a restaurant with a rich history and a promising future, this opportunity is not to be missed.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$2,005/mo

Real estate (PITI + HOA + PMI)
$1,619
Principal + interest$1,154
Property tax + insurance$398
PMI / 2nd mortgage$67
Utilities
$437
Heating + cooling$57
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$131
Car insurance + maintenance$131
Other (entertainment)
$157
$2,005/mo TLC
Budget$5,000/mo
Remaining after TLC$2,995/mo
Purchase price
$179,000
Down payment
$8,950 (5%)
Loan amount
$170,050
APR
7.2%

Quick facts

Type
COM
Style
Year built
1920
Lot size
0.03 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$2,358
MLS #
73197612
County
Hampden

Neighborhood — 01040

MetricThis ZIPCountyUSA
Population41,5126,444,931299,088,112
Population Change Since1990-7.00%7.00%20.00%
Population Density1,816786
Male19,6613,127,134147,432,321
Female21,8513,317,797151,655,844
Never Married11,1621,612,88563,775,926
Married12,2352,586,314123,120,365
Separated3,129247,85712,639,686
Widowed2,622363,59415,467,586
Divorced3,249436,88823,075,029
Number Of House Hold15,6832,431,591111,826,380
Average House Hold Size2.562.562.60
Medial Age33.9137.2535.46
Median House Hold Income$33,970$57,698$48,276
Average House Hold Income$43,158$75,023$63,629
P C I$17,848$29,196$24,529
M D I$30,060$48,105$41,133
A T H E$39,562$57,083$50,898
S T R5.00%5.00%
W C J80.19%81.38%77.74%
(Zip) Code
1040

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 1/30/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.