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    Property profile & analytics
    FOR SALE
    Retail space

    589 High St, Holyoke, MA 01040

    5,400 SF 0.06 ac lot Built 1910
    Individually Owned 21-yr Hold ~ Est. High Equity
    Property ID
    US38-1816685
    Property summary
    AI-generated overview

    This exceptional opportunity presents the chance to acquire a well-established package store located at 589 High Street in the vibrant city of Holyoke, Massachusetts. The business boasts a long and successful history, built on a loyal customer base and a prime location within the community. The current owner is retiring, making this a turnkey acquisition for a savvy investor seeking immediate income generation. The property itself sits on a 0.06-acre lot, providing ample space for the existing business operations. While the exact square footage of the building is not currently available, the property's size and established nature suggest a significant operational footprint. This is a rare chance to step into a profitable, pre-existing business with a proven track record. The asking price of $649,900 reflects the value of both the established business and its strategic location. This is an ideal investment for an entrepreneur looking to capitalize on a thriving market and a well-regarded business with a strong reputation. Serious inquiries are encouraged to explore this unique opportunity further. Financial details and operational information are available upon request, subject to a non-disclosure agreement. Don't miss this chance to own a piece of Holyoke's commercial landscape.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1910
    Construction FRAME
    Total area 5,400 SF
    Lot 0.06 ac (2,701 SF)
    Zoning code BC
    APN HOLY M:0010 B:0004 L:4
    UPID US38-1816685
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dillon's Package Store (Bike/Boat/Book/etc) Store Wine and Liquor Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Janusz Lecko · 21 yrs held
    Janusz Lecko
    since 2004
    2 recorded transactions
    2004
    $100,000
    1999
    $95,000
    Zoning & alternative use
    BC · Holyoke, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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