Listing Agency: V/T Commercial Show Phone

Listed By: Tony Blake Show Phone

Source: Moodyscre

Added: May 9, 2024 Changed: Sep 3 Last Checked: Sep 13 at 11:52AM

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Investment Insights

Based on property information with market context.

Located in the North Springfield Industrial Park, this industrial/flex building, with 24,600+/- square feet, has been home to Springfield Printing since 1970. The building was first extended in 1982, with a major addition constructed in 1990. With the pending retirement of its owners, the building will be vacant and offered on the market for the first time. This well-maintained flex building is ideal for an owner occupant or as an investment opportunity via a lease of the property.

Key Highlights

• Well‑maintained 24,600+\/- sq ft industrial/flex building.
• Offered at $795,000, priced aggressively and well below replacement costs.
• Ideal for owner‑occupant or investment opportunity.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Storage Facility Bakery Electrical Service

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

Location Intelligence

Trade Area within ½ mile

11

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Well-maintained 24,600+/- SF flex building in North Springfield.

Where is this flex space located?

The property is located at 19 Precision Dr Springfield, VT.

What is the asking price?

The asking price for this property is $795,000.

What are key features of this property?

This property features: Well‑maintained 24,600+\/- sq ft industrial/flex building.; Offered at $795,000, priced aggressively and well below replacement costs.; Ideal for owner‑occupant or investment opportunity.