Updated Feb 14, 2025
VTT Mom & Pop Retail Acquires Retail Property In Bellingham For $3.76M
15 North Main Street, Bellingham, Massachusetts, USA
$3,765,000
$66/SF
Building Size
56,300 SF
Asset Type
Retail
Closing
Aug 6, 2020
About this deal
AI
The retail property located at 15 North Main Street in Bellingham, MA was recently sold in a transaction. The property spans a total of 56,300 square feet and was sold for a price of $3,765,000, resulting in a price per square foot of $67.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,765,000
- Square Footage: 56,300
- Address: 15 North Main Street, Bellingham, MA
- Market: Bellingham, MA
The seller of the property was Bellingham Plaza, LLC, represented by Rick Kaplan. The buyer, VTT Mom + Pop Retail, LLC, acquired the property. The transaction was facilitated by brokers Marilyn Santiago and Garrett Quinn of SVN | Parsons Commercial Group | Boston.
On the Map
$3,765,000
$66/SF
Retail
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Players
Bellingham Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.21%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93