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    1839-1847 Memorial Dr Chicopee, MA 01020

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    For Sale
    $450,000

    Two buildings with office and retail space on Memorial Drive.

    Property size:
    3,878 SF
    Lot size:
    0.60 Acres

    Property Features for 1839-1847 Memorial Dr

    General Information

    Size
    3,878 SF
    Lot size
    0.60 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

    Commercial Buildings on Memorial Drive

    This property features two buildings, one of which is a large, custom-built commercial space suitable for office or retail use. Constructed in 1987, the larger building has three floors and has been updated. The second building offers 710 square feet of space that can be used for office or retail purposes. The property is located on the corner of Britton Street and Memorial Drive, benefiting from a signal light. The layout can accommodate one large business or up to eight separate businesses, featuring over 12 offices and open spaces. The larger building is equipped with three heating and cooling units and two electric panels, along with a kitchenette on the second floor. The smaller building includes a full kitchen. Signage is available on the street. There is off-street parking available. The total property size is 3,878 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -72.5706987
    Latitude
    42.2074879

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    FAQs

    What type of property is this?
    Office building - Two buildings with office and retail space on Memorial Drive.
    Where is this office building located?
    The property is located at 1839-1847 Memorial Dr Chicopee, MA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Large commercial building with 3 floors and updates, suitable for office or retail.; - Potential for multiple businesses (up to 8) with 12+ offices and open spaces.; - High-visibility location on a busy corner with a signal light.
    (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
    1839-1847 Memorial Dr Chicopee, MA 01020
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