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Updated Storefront with Basement Storage
New
For Sale
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506 Grattan St, Chicopee, MA 01020

Flexible interior space includes two bathrooms, furnishings, and monitored alarm service.

Property SizeContact for details
Days on Market7

Property Features for 506 Grattan St

General Information

Standard status Active
Property subtype Commercial

Amenities

off and on street parking
alarm system monitoring
2 bathrooms
storage in basement

Building Details

Year Built 1912
Listing Agency: Berkshire Hathaway HomeServices Realty Professionals
Listed By: Kimberly Allen Team
Source: Lockandkeyre
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 25 at 2:44AM

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

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Investment Insights

Based on property information with market context.

This storefront property was built in 1912 and has updated interiors, with furniture included. The layout can serve office or retail purposes and includes two bathrooms. A basement provides additional storage, and the property is vacant for showings.

Parking is available both on the property and along the street. Alarm system monitoring is included.

Key Highlights

  • Interior updates and furniture are included
  • Office or retail layout with 2 bathrooms
  • Basement storage

Property Analytics

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Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Accounting Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

449
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
4,207 visits/mo 0.1 miles
M&T Bank Shops & Services
3,869 visits/mo 0.4 miles
Gulf Oil Shops & Services
1,358 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Golden Blossom Flowers & Gifts — 205 Grattan St, Chicopee, MA 01020
  • Floral Illusion — 200 Lambert Terrace, Chicopee, MA 01020

Frequently Asked Questions

What type of property is this?
Storefront property - Flexible interior space includes two bathrooms, furnishings, and monitored alarm service.
Where is this storefront property located?
The property is located at 506 Grattan St Chicopee, MA.
What are key features of this property?
This property features: Interior updates and furniture are included; Office or retail layout with 2 bathrooms; Basement storage
More about this property
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