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    1131 East St Ludlow, MA 01056

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    For Sale
    $290,000

    Operating bait and tackle shop for sale on one acre.

    Property size:
    1,230 SF
    Lot size:
    1.08 Acres

    Property Features for 1131 East St

    General Information

    Size
    1,230 SF
    Lot size
    1.08 Acres

    Source: Perella Real Estate Co, Inc. Agent Carl M. Perella

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

    Overview

    Red Bridge Bait and Tackle

    A fully operational bait and tackle shop, known as Red Bridge Bait and Tackle, is available for sale due to the owner's retirement. The property is one acre, level, and dry. The existing 1,230 square foot building could be expanded into a convenience store with lottery and full liquor sales, if permitted. All trade fixtures and inventory are included in the sale.
    Location Intelligence

    Current Use by Public Records

    Red Bridge Bait ... Bait Shop

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Ludlow
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.4299671
    Latitude
    42.1729296

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    FAQs

    What type of property is this?
    Grocery and convenience store - Operating bait and tackle shop for sale on one acre.
    Where is this grocery and convenience store located?
    The property is located at 1131 East St Ludlow, MA.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - Fully operational bait and tackle shop (Red Bridge Bait and Tackle) with existing trade fixtures and inventory included in the sale.; - One-acre level and dry property suitable for expansion.; - Potential to add a full convenience store with lottery and full liquor (if allowed).
    (413) 531-5030
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    1131 East St Ludlow, MA 01056
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    Ludlow, MA 01056
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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
    1131 East St Ludlow, MA 01056
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