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Downtown Holyoke Mixed-Use Redevelopment Opportunity

302-322 High St, Holyoke, MA 01040

For Sale
$975,000

Three connected retail/office buildings with redevelopment potential in downtown Holyoke.

Property Size50,922 SF
Price / SF$19.15
Days on Market1167

Property Features for 302-322 High St

General Information

Standard status Active
Size 50,922 SF
Property subtype Commercial
Zoning BC

Taxes and HOA fees

Annual Taxes $52,333

Building Details

Building Size 50,922 SF
Year Built 1880
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License MA #9575704
Source: Churchillprop
Added: Aug 31, 2023 Changed: Nov 2 Last Checked: Nov 8 at 4:50AM

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 Pioneer CRE

Rey
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Investment Insights

Based on property information with market context.

This is a package sale featuring three connected retail and office buildings situated in the heart of downtown Holyoke. The property presents significant redevelopment potential, enhanced by its location on a busy street within an Opportunity Zone. It also benefits from its location within the Downtown Smart Growth Zoning Overlay (40R) District and the North High Street Historic District. The buildings offer direct access to a public parking garage. The location is close to area revitalization projects, businesses, and municipal offices. Convenient access is available to Routes 5, 141, and 202, as well as I-90, I-91, and the Amtrak station.

Key Highlights

  • Package sale of three connected buildings offers significant redevelopment potential.
  • Located in an Opportunity Zone and Downtown Smart Growth Zoning Overlay (40R) District.
  • Direct access to public parking garage.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Spa & Massage Center Kitchen & Bath Showroom Bakery Hair Salon

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

1,525
Businesses Nearby

Demographics for 01040, MA

38,238
Population
17,057
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
79%
High-School Grad
21.2 sq mi
ZIP Area
1,804
Density / Sq Mi
$51,892
Median Household Income
$41,801
Median Earnings
$1,016
Median Rent
$255,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Hampden County, MA

$117 Jul
$116 Aug
$92.26 Sep
$146 Oct

Properties on Market for Mixed-use properties in Hampden County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three connected retail/office buildings with redevelopment potential in downtown Holyoke.
Where is this mixed-use property located?
The property is located at 302-322 High St Holyoke, MA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Package sale of three connected buildings offers significant redevelopment potential.; Located in an Opportunity Zone and Downtown Smart Growth Zoning Overlay (40R) District.; Direct access to public parking garage.
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