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4 Dale Ct Chicopee, MA 01013

For Sale
$690,000

Prime Investment: Store, Apartments, Land

Description

Added:
Feb 3, 2025
Days on Market:
306
This exceptional Chicopee investment property offers a diverse income stream and significant upside potential. The centerpiece is a well-maintained convenience store operating under a secure 10-year lease, generating a consistent monthly rental income of $2,200. Adding to the profitability, the property includes two completely renovated 2-bedroom, 1-bathroom apartments. One apartment is currently leased at $1,600 per month, while the second apartment is vacant, providing immediate opportunity for additional rental income or owner occupancy. Beyond the building itself, a significant advantage is the inclusion of a 0.41-acre commercial lot adjacent to the main structure. Currently utilized as parking, this lot presents a wealth of possibilities for expansion or redevelopment. Prospective buyers are encouraged to explore potential uses with the town of Chicopee. The property also features convenient off-street parking for tenants and customers. This multifaceted property presents a rare opportunity to acquire a well-established commercial operation with significant growth potential, combining established rental income with the flexibility of a large, undeveloped commercial lot. The combination of a stable, long-term lease, existing rental income, and the potential of the vacant apartment and additional land makes this an attractive investment opportunity.

Property Features for 4 Dale Ct

General Information

Property type
Other commercial real estate
Lot Size
17,860 SF

Building Details

Year Built
1965

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

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
Chicopee
County
Hampden
State
Massachusetts
Longitude
-72.59663
Latitude
42.18134

FAQs

What type of property is this?
Commercial real estate - Prime Investment: Store, Apartments, Land
Where is this commercial real estate located?
The property is located at 4 Dale Ct Chicopee, MA.
What is the asking price?
The asking price for this property is $690,000.
More about this property
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