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    23-39 Southwick St Agawam, MA

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    For Sale
    $2,500,000

    Six-unit shopping center plus additional office building for sale.

    Property size:
    11,255 SF
    Lot size:
    0.75 Acres

    Property Features for 23-39 Southwick St

    General Information

    Size
    11,255 SF
    Lot size
    0.75 Acres

    Source: BHHS - Realty Professionals | Belchertown Agent Kimberly Allen Team

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

    Overview

    Mixed-Use Investment Opportunity

    This offering presents an investment opportunity featuring a six-unit shopping center located in a high-traffic area of Feeding Hills. The shopping center comprises 8,427 square feet, with all six units occupied by long-term tenants, including one tenant since the building's construction in 1975. The purchase includes an additional 2,828 square foot building at 23 Southwick St, constructed in 1900, which features an empty office on the first floor. The gross annual income for the property is $152,340. The total property size is 11,255 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM

    Map

    City
    Agawam
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6269437
    Latitude
    42.0636956

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    FAQs

    What type of property is this?
    Shopping center - Six-unit shopping center plus additional office building for sale.
    Where is this shopping center located?
    The property is located at 23-39 Southwick St Agawam, MA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - High traffic location in Feeding Hills.; - Gross Annual Income of $152,340.00.; - **6-unit shopping center (8,427 sq. ft.) with long-term tenants.**
    (413) 221-4885
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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
    23-39 Southwick St Agawam, MA
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