1300 Worcester St Springfield, MA 01151

Property Details for 1300 Worcester St

Year built

1945

Lot size

0.36 lot acres

Property size

1,218 SF

Zone code

B2

Property type

Commercial real estate

APN

SPRI S:12525 P:0374

APU

SPRIS12525P0374

Description

This exceptional Springfield, MA commercial property presents a unique investment opportunity encompassing three distinct revenue streams. Situated on a sizable 0.36-acre lot at 1300 Worcester Street, this renovated building offers six generously sized garage bays, ample parking, and is ideally suited for a variety of uses. Currently configured to accommodate car sales, auto repair, and retail operations, the property's versatile layout allows for significant flexibility and adaptability to meet evolving market demands. The interior has undergone a complete renovation, ensuring a modern and functional space ready for immediate occupancy. A key advantage is the inclusion of a state-inspected and approved repair bay, streamlining operations and minimizing potential regulatory hurdles. The property's strong location and established businesses create a compelling investment proposition. The high-traffic area ensures consistent customer flow, while the existing infrastructure minimizes upfront capital expenditures. Furthermore, the neighboring business is also available for purchase, presenting an opportunity to expand the investment portfolio and create a synergistic business ecosystem. This turnkey operation offers immediate income generation potential, making it an attractive option for savvy investors seeking a diversified commercial property with proven revenue streams. The asking price of $480,000 reflects the property's exceptional value and potential for significant return on investment. Serious inquiries are encouraged.

Location Insight

City

Springfield

County

Hampden

State

Massachusetts

Longitude

-72.5008

Latitude

42.1588

CBSA code

44140

CBSA name

SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments