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    345 Holyoke St Ludlow, MA 01056

    For Sale
    $475,000

    Versatile 3,000 sq ft building, ample parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional free-standing commercial building at 345 Holyoke St, Ludlow, MA, presents a unique investment opportunity. Boasting a total of 3,000 square feet of finished space, divided equally between two levels (1,500 sq ft each), this property offers significant versatility for a wide range of businesses. A thoughtfully designed second floor addition, completed in 2016, enhances the flexible layout, adaptable to various operational needs. The full basement provides substantial storage capacity, with potential for future expansion or development. Parking is never a concern with over 20 spaces available on the property. The building's open floor plan and generous space make it suitable for diverse uses, including, but not limited to, salons, medical offices, tanning salons, law firms, spas, and retail businesses. The property sits on a 0.3-acre lot and features professionally landscaped grounds, including an attractive backyard paver patio. Its location in a thriving area of Ludlow ensures excellent visibility and convenient access to major highways, making it an ideal choice for businesses seeking a high-demand location. Priced at $475,000, this property represents a compelling investment in a prime commercial location.

    Property Features for 345 Holyoke St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1958
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    So Cool Gifts ... Gift Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ludlow
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.49495
    Latitude
    42.17665

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 3,000 sq ft building, ample parking.
    Where is this commercial real estate located?
    The property is located at 345 Holyoke St Ludlow, MA.
    What is the asking price?
    The asking price for this property is $475,000.
    (857) 331-5127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    345 Holyoke St Ludlow, MA 01056
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