Commercial Space on Busy
For Sale
$250,000
1847 Memorial Dr, Chicopee, MA 01020
Three-story commercial building with offices, retail space, and parking.
Days on Market97
Property Features for 1847 Memorial Dr
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1987
Listing Agency:
Berkshire Hathaway HomeServices Realty Professionals
(413) 213-1500
Listed By:
Kimberly Allen Team
Source:
Liongatere
Added: Apr 25
Changed: Jul 10
Last Checked: Jul 23 at 6:36AM
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 Berkshire Hathaway HomeServices Realty Professionals
Investment Insights
Based on property information with market context.
This commercial building, constructed in 1987, offers a versatile space suitable for office or retail use. Located on a busy corner, the three-story structure features multiple updates and contains over 10 offices and open spaces. The building is equipped with three heating and cooling units and two electric panels. A kitchenette is located on the second floor. The property includes ample off-street parking and prominent signage. The owner may consider holding a mortgage for a qualified investor with a credit score of 700 or higher.
Key Highlights
- High‑traffic corner location on Memorial Ave with huge signage opportunity
- Large commercial space suitable for office or retail with 10+ offices and open spaces
- Priced below assessed value
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
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 Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Three-story commercial building with offices, retail space, and parking.
Where is this office building located?
The property is located at 1847 Memorial Dr Chicopee, MA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: High‑traffic corner location on Memorial Ave with huge signage opportunity; Large commercial space suitable for office or retail with 10+ offices and open spaces; Priced below assessed value