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    55 East St Ware, MA 01082

    Sponsored
    For Sale
    $2,300,000

    Spacious industrial building, excellent access, 2.85 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 2.85-acre industrial property, located at 55 East Street in Ware, MA, presents a compelling investment opportunity. Situated at the crossroads of MA Routes 9 and 32, this centrally located site offers unparalleled accessibility. The two-level building features a substantial warehouse/industrial space ideal for a variety of uses, complemented by a recently renovated front office area, providing a professional and modern workspace. The property boasts both loading dock and drive-in accessibility, ensuring efficient and convenient operations. Ample parking is available, along with extensive outdoor storage space, maximizing the property's functionality. The property is zoned Industrial, allowing for diverse operational possibilities. Its strategic location offers easy access to downtown Ware, providing proximity to local amenities and services. Furthermore, the property enjoys convenient access to the Palmer, MA Pike interchange, facilitating seamless connectivity to Hampshire, Hampden, and Worcester Counties. This property is well-suited for owner-occupancy or could be developed into a multi-tenant building, catering to a range of business needs. The combination of its prime location, versatile space, and ample acreage makes this an exceptional opportunity for a discerning buyer. The asking price is $2,300,000.

    Property Features for 55 East St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    124,146 SF

    Building Details

    Year Built
    1870
    Location Intelligence

    Current Use by Public Records

    APR Towing & Recovery Towing Service All Parts Racing-Ware Towing Service

    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
    Ware
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.23377
    Latitude
    42.25901

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious industrial building, excellent access, 2.85 acres.
    Where is this commercial real estate located?
    The property is located at 55 East St Ware, MA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    (413) 459-9959
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    55 East St Ware, MA 01082
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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
    55 East St Ware, MA 01082
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