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    1847 Memorial Dr Chicopee, MA 01020

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    For Sale
    $300,000

    Three-story commercial building with updates, signage, and parking.

    Lot size:
    0.21 Acres

    Property Features for 1847 Memorial Dr

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1987

    Source: Berkshire Hathaway HomeServices Realty Professionals Agent Kimberly Allen Team

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

    Overview

    Commercial Office or Retail Space

    This is a custom-built commercial property constructed in 1987. The three-story building is suitable for office or retail use. The property features 10 or more offices and open spaces. The building is equipped with three heating and cooling units and two electric panels. A kitchenette is located on the second floor. The property includes ample off-street parking and prominent signage. The property is located on a busy corner of Memorial Ave.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bill Wisniewski Practice Consultant Knights of Columbus Insurance ... Life Insurance Agency Five College Area ... Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicopee
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5707325
    Latitude
    42.2076614

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    FAQs

    What type of property is this?
    Office space - Three-story commercial building with updates, signage, and parking.
    Where is this office space located?
    The property is located at 1847 Memorial Dr Chicopee, MA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Priced below assessment.; - Large commercial office or retail space on busy corner.; - Plenty of off street parking.
    (413) 213-1500
    Request Owner's contact information
    1847 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
    1847 Memorial Dr Chicopee, MA 01020
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