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    28 Appleton St Holyoke, MA 01040

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    For Sale
    $7,500,000

    141,000 SF industrial asset in Holyoke, MA for sale.

    Property size:
    141,354 SF
    Lot size:
    1.79 Acres

    Property Features for 28 Appleton St

    General Information

    Size
    141,354 SF
    Lot size
    1.79 Acres

    Source: RJ Greeley Company Agent Brendan Greeley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Holyoke Industrial Asset For Sale

    This 141,354 square foot industrial asset is located at 28 Appleton Street, Holyoke, MA. The property is 100% occupied with four tenants. The primary tenant, Rise Holdings, a wholly owned subsidiary of Green Thumb Industries, occupies approximately 60,000 square feet for cannabis cultivation, product manufacturing and packaging. Through this facility, Rise services its four Massachusetts retail sites, three being adult-use and one being medical use. The property is located in a community with cannabis friendly zoning bylaws. Cannabis operators and other manufacturers are attracted to Holyoke for its municipal utility rates. The property has below market rents and substantial tenant investment.
    Insight Report Location Intelligence

    Current Use by Public Records

    C & D Industries ... Medical Supply Store C & D Electronics ... Electrical Supply Store Analytics Labs Laboratory Rise Holdings, Inc. Apartment Building Visiting Nurses Services-Western Nursing Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Holyoke
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6011525
    Latitude
    42.1989571

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    FAQs

    What type of property is this?
    Manufacturing property - 141,000 SF industrial asset in Holyoke, MA for sale.
    Where is this manufacturing property located?
    The property is located at 28 Appleton St Holyoke, MA.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: - 100% Occupied 141,000 SF Industrial Asset; - Primary Tenant: Rise Holdings (Green Thumb Industries subsidiary); - Located in Cannabis-Friendly Holyoke, MA
    (413) 478-1005
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    28 Appleton St Holyoke, MA 01040
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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
    28 Appleton St Holyoke, MA 01040
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