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    1535 Memorial Dr Chicopee, MA 01020

    For Sale
    $850,000

    Turnkey restaurant opportunity with high traffic and included equipment.

    Lot size:
    0.46 Acres

    Property Features for 1535 Memorial Dr

    General Information

    Lot size
    0.46 Acres

    Building Details

    Year built
    1970

    Source: Compass Agent Paula Otto

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

    Overview

    Profitable Restaurant Site with Equipment

    This property presents an opportunity to capitalize on an established location that previously operated as a profitable Dairy Queen. The site benefits from significant daily traffic, with over 25,000 potential customers passing by on Route 33. The property is surrounded by major retailers, including Walmart, Home Depot, and Aldi, enhancing its commercial appeal. The property includes all equipment for a turnkey operation. The double lot spans 0.46 acres and features 20 parking spaces. A drive-thru and outdoor patio are present, designed to enhance customer service and increase seating capacity. The property is located in close proximity to major highways, including I-90 Mass Pike, I-391, and US-202. The property is currently vacant.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dairy Queen Grill ... Fast Food Restaurant

    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
    Chicopee
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5726769
    Latitude
    42.1995864

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    FAQs

    What type of property is this?
    Drive through restaurant - Turnkey restaurant opportunity with high traffic and included equipment.
    Where is this drive through restaurant located?
    The property is located at 1535 Memorial Dr Chicopee, MA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - High-traffic location on Route 33 with excellent visibility and over 25,000 potential customers daily.; - Turnkey operation with all equipment included.; - Established business history as a profitable Dairy Queen.
    (617) 751-0506
    Request Owner's contact information
    1535 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
    1535 Memorial Dr Chicopee, MA 01020
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