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Flex Space with Oversized Garage
For Lease
$1,100/Mo

1692 Memorial Dr, Chicopee, MA 01020

Two-level commercial unit with upgraded electrical service, separate gas metering, and an upper area with bathroom.

Space SizeContact for details
Days on Market9

Property Features for 1692 Memorial Dr

General Information

Standard status Active

Building Details

Year Built 1900
Listing Agency: Lock and Key Realty Inc.
Listed By: Jessica Mekal
Source: Alpernandmesenbourg
Added: Aug 21 Changed: Aug 28 Last Checked: Aug 25 at 3:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lock and Key Realty Inc.

Investment Insights

Based on property information with market context.

This two-level flex space centers on an oversized garage suited to automotive, contractor, and light industrial operations. Upgraded electrical capacity supports compressors and other heavy equipment, while the unit has its own electrical panel and gas meter. Gas and electric utilities are the tenant’s responsibility.

A second-floor area adds adaptable storage, workspace, or office capacity. It also includes a full bathroom with a stand-up shower, expanding the practical utility of the premises for businesses requiring both ground-level work space and enclosed support areas.

The property is at 1692 Memorial Drive in Chicopee, Massachusetts, positioned just off Memorial Drive with access to major highways. Built in 1900, the building offers a functional commercial configuration with separate upper-level space and dedicated utility infrastructure.

Key Highlights

  • Oversized garage with automotive, contractor, and light industrial use potential
  • Upgraded electrical capacity for compressors and other heavy equipment
  • Dedicated electrical panel and gas meter for the unit

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service Bakery Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01020, MA

29,781
Population
14,154
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
2,382
Density / Sq Mi
$70,971
Median Household Income
$45,378
Median Earnings
$1,153
Median Rent
$259,100
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Two-level commercial unit with upgraded electrical service, separate gas metering, and an upper area with bathroom.
Where is this flex space located?
The property is located at 1692 Memorial Dr Chicopee, MA.
What is the lease rate?
The lease rate is $1,100/Mo.
What are key features of this property?
This property features: Oversized garage with automotive, contractor, and light industrial use potential; Upgraded electrical capacity for compressors and other heavy equipment; Dedicated electrical panel and gas meter for the unit
More about this property
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