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A-Zoned Retail Land Site
For Sale
Contact for pricing
Pending

505 Memorial Drive, Chicopee, MA 01020

0.81-acre A-zoned lot on Memorial Drive, available for lease or purchase.

Lot Size0.81 Acres
Days on Market112

Property Features for 505 Memorial Drive

General Information

Standard status Pending
Lot size 0.81 Acres
Property subtype Land, Retail
Zoning Business A

Additional Details

Road Access Yes
Listing Agency: Macmillan Group LLC
Listed By: Demetrios Panteleakis · License #MA 9517984-RE-B
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 30 at 1:47PM

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 Macmillan Group LLC

Investment Insights

Based on property information with market context.

This 0.81-acre business A-zoned land parcel is offered for lease or purchase and is located directly on Memorial Drive in Chicopee, MA 01020. The property is positioned for retail-driven activity with access shaped by its frontage on the corridor.

The remarks note that the site is minutes from the Westover Air Force Base and Westover Metropolitan Airport, with a stated $194M annual direct economic impact to the immediate area through visitors, on-airport businesses, government tenants, military aviation, and capital construction projects. Interested parties should confirm any intended use details and development requirements directly with the appropriate authorities.

Key Highlights

  • 0.81‑acre business A‑zoned lot on Memorial Drive, available for lease or purchase
  • Located directly on Memorial Drive with high‑volume retail traffic patterns for access
  • Minutes from Westover Air Force Base and Westover Metropolitan Airport

Property Analytics

Current Use

ALDI Specialty Food Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Restaurant Big Box & Wholesale Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 0.81-acre A-zoned lot on Memorial Drive, available for lease or purchase.
Where is this commercial land located?
The property is located at 505 Memorial Drive Chicopee, MA.
What are key features of this property?
This property features: 0.81‑acre business A‑zoned lot on Memorial Drive, available for lease or purchase; Located directly on Memorial Drive with high‑volume retail traffic patterns for access; Minutes from Westover Air Force Base and Westover Metropolitan Airport
(413) 315-0727 Call to check price and availability
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