52 Gladdu Ave, Chicopee, MA 01020
Two commercial units with income potential and customization options.
- Added:
- Mar 11, 2026
- Days on Market:
- 118
- Last Refresh:
- Jul 2 at 9:38 pm
Property Features for 52 Gladdu Ave
General Information
- Standard status
- Active
- Size
- 2,160 SF
- Lot size
- 0.43 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1932
Listing office Park Square Realty (413) 209-0396
Listing date Mar 11, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of Park Square Realty
HighLights
- Two spacious commercial units, each 2,160 sq ft, offering diverse income potential
- Upper level currently leased to a tattoo studio, providing immediate rental income
- Lower level ready for bar/restaurant conversion with commercial hood, fire suppression components, and rough mechanicals already in place
- Elevator provides convenient access between levels
- Ample on‑site parking
- Opportunity to customize the unfinished lower level to suit specific business needs
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.8k | $24.00 |
| − Vacancy | −$1.1k | −$0.53 |
| EGI | $50.7k | $23.47 |
| − OpEx | −$15.2k | −$7.04 |
| NOI | $35.5k | $16.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicopee
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.5709414
- Latitude
- 42.2095222
