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    760 Memorial Dr Chicopee, MA 01020

    Sponsored
    For Sale
    $650,000

    Established Salon, High Traffic Area, Includes Business

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional turn-key business opportunity presents a well-established barber shop located at 760 Memorial Drive in Chicopee, Massachusetts. The property sits on a 0.32-acre lot in a high-traffic retail area, boasting an estimated daily traffic count of 60,000 vehicles. The 2020 complete remodel ensures a modern and clean operation, featuring seven stylist stations, ready for immediate use. All equipment and trade fixtures are included in the sale price of $650,000. The existing business is profitable and operational, providing a seamless transition for the new owner. This is a rare opportunity to acquire a thriving business with significant potential for growth in a prime retail location. The current owners are willing to provide limited transitional support to ensure a smooth handover to the new buyer. This is an ideal investment for an experienced entrepreneur seeking a profitable, established business with a strong track record. The property's location on Memorial Drive guarantees high visibility and consistent customer flow, making it an attractive proposition for any serious buyer. All serious offers will be considered.

    Property Features for 760 Memorial Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1952
    Property Profile Location Intelligence

    Current Use by Public Records

    Headquarters Barber Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicopee
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.57748
    Latitude
    42.17845

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    FAQs

    What type of property is this?
    Commercial real estate - Established Salon, High Traffic Area, Includes Business
    Where is this commercial real estate located?
    The property is located at 760 Memorial Dr Chicopee, MA.
    What is the asking price?
    The asking price for this property is $650,000.
    (413) 525-9800
    Request Owner's contact information
    760 Memorial Dr Chicopee, MA 01020
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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
    760 Memorial Dr Chicopee, MA 01020
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