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Commercial Land with Existing Structure
For Sale
Contact for pricing
Pending

523 James St, Chicopee, MA 01020

Existing improvements can be rehabilitated or removed to support a new commercial development.

Property SizeContact for details
Lot Size0.41 Acres
Days on Market452

Property Features for 523 James St

General Information

Standard status Pending
Lot size 0.41 Acres
Property subtype LAND
Listing Agency: Coldwell Banker Realty | Western Massachusetts
Listed By: Ray Authier
Source: Moodyscre
Added: May 26, 2025 Changed: Aug 8 Last Checked: Aug 20 at 12:56PM

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 Coldwell Banker Realty | Western Massachusetts

Investment Insights

Based on property information with market context.

This commercial land offering includes an existing structure that can be rehabilitated for business use or removed for redevelopment. The site supports multiple potential configurations, including a new commercial building or a drive-thru facility, subject to city approval.

Located at 523 James St in Chicopee, the property is identified along Memorial Drive/Rt 33 and is adjacent to CVS. The seller is an established builder willing to pursue a build-to-suit office building or rehabilitation of the existing structure. Attached plot plan and front elevation images illustrate possible configurations.

Key Highlights

  • Existing structure can be rehabilitated or removed
  • Adjacent to CVS
  • Located on Memorial Drive/Rt 33

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby
129k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Shops & Services 34% Groceries 20% Apparel 5%
Price Rite Groceries
25,309 visits/mo 0.1 miles
McDonald's Dining
24,348 visits/mo 0.3 miles
Taco Bell Dining
20,184 visits/mo 0.3 miles
Ocean State Job Lot Shops & Services
19,387 visits/mo 0.3 miles
Cumberland Farms Shops & Services
9,474 visits/mo 0.4 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

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Existing improvements can be rehabilitated or removed to support a new commercial development.
Where is this commercial land located?
The property is located at 523 James St Chicopee, MA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Existing structure can be rehabilitated or removed; Adjacent to CVS; Located on Memorial Drive/Rt 33
(413) 531-8889 Call to check price and availability
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