The Parsons Block is an iconic anchor building in the heart of Florence Village. Built in 1894, the brick building features street level retail and residential apartments on the upper floor. Many of the businesses have been at the building for years and downtown Florence enjoys an independent feel within Northampton's City limits. Low vacancy, on and off street parking and many local small businesses add to the unique environmental. Currently there one first floor retail units for lease. The available unit is approximately 1,014 square feet with large windows facing the street and access at the rear of the units for the rear parking lot. Great opportunity to open a new business in a historically significant property.
The property lis located at a signalized corner in the heart of downtown Florence.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
