Specialty Property with Value-Add
For Sale
$449,000
18 Salem St, Springfield, MA 01105
Approximately 20,734 SF on a 0.4653-acre lot, currently not occupied, offered for sale in Springfield, MA.
Property Size20,734 SF
Lot Size0.47 Acres
Price / SF$21.66
Days on Market190
Property Features for 18 Salem St
General Information
Standard status
Active
Size
20,734 SF
Lot size
0.47 Acres
Property subtype
Commercial
Zoning
R3
Taxes and HOA fees
Annual Taxes
$13,889
Building Details
Year Built
1890
Listing Agency:
SR Commercial Realty
(413) 459-4535
Listed By:
Zaisha Robert
(413) 557-4846
Source:
Churchillprop
Added: Apr 16
Changed: Oct 6
Last Checked: Oct 20 at 6:50PM
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 SR Commercial Realty
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Investment Insights
Based on property information with market context.
18 Salem St in Springfield, MA 01105 is a specialty property totaling approximately 20,734 SF on a 0.4653-acre lot. The building is currently not occupied and is being marketed as a value-add opportunity, with potential for improvement through light upgrades while maintaining a functional layout for future use.
The property is located in a well-established residential neighborhood and is described as convenient to local amenities, schools, and major roadways. This combination of a straightforward, workable footprint and the opportunity for incremental improvements is positioned for both investors and owner-occupants seeking long-term upside.
The property is located in a well-established residential neighborhood and is described as convenient to local amenities, schools, and major roadways. This combination of a straightforward, workable footprint and the opportunity for incremental improvements is positioned for both investors and owner-occupants seeking long-term upside.
Key Highlights
- Approximately 20,734 SF property on a 0.4653‑acre lot in Springfield, MA (01105)
- Currently not occupied
- Offered for sale at $599,000
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,004
Businesses Nearby
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Business Placement
Demographics for 01105, MA
12,051
Population
5,554
Households
2.2
Avg Household Size
33
Median Age
8%
College-Educated
64%
High-School Grad
1.2 sq mi
ZIP Area
10,043
Density / Sq Mi
$22,994
Median Household Income
$24,078
Median Earnings
$976
Median Rent
$238,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - Approximately 20,734 SF on a 0.4653-acre lot, currently not occupied, offered for sale in Springfield, MA.
Where is this specialty property located?
The property is located at 18 Salem St Springfield, MA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Approximately 20,734 SF property on a 0.4653‑acre lot in Springfield, MA (01105); Currently not occupied; Offered for sale at $599,000
