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11.7 Acres Development Opportunity
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651 Center St, Chicopee, MA 01013

11.7 acres of land suitable for retail or multifamily development.

Property SizeContact for details
Lot Size11.70 Acres
Days on Market158

Property Features for 651 Center St

General Information

Standard status Active
Class C
Lot size 11.70 Acres
Property subtype Business for Sale, Land
Zoning specialty
Investment Type Redevelopment
Listing Agency: Macmillan Group LLC
Listed By: Walter Kroll · License #MA 9551753-RE-S
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Jul 16 at 10:06AM

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 11.7-acre parcel of contiguous land is situated on the Chicopee Springfield border, conveniently located near Routes 291, 391, and 91. Phase I and Phase II environmental assessments have been completed and results are available. The property is suitable for major retail development or large multifamily development. The current owners are retiring and will vacate the property, including all current inventory, upon closing of the business.

Key Highlights

  • 11.7 acres of contiguous land suitable for development.
  • Located on the Chicopee Springfield border with easy access to Routes 291, 391, and 91.
  • Suitable for major retail or large multifamily development.

Property Analytics

Current Use

Center Street Auto ... Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Kitchen & Bath Showroom Spa & Massage Center Garden Center

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

847
Businesses Nearby

Demographics for 01013, MA

23,656
Population
10,309
Households
2.3
Avg Household Size
38
Median Age
23%
College-Educated
87%
High-School Grad
5.7 sq mi
ZIP Area
4,150
Density / Sq Mi
$64,039
Median Household Income
$45,268
Median Earnings
$1,005
Median Rent
$249,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 11.7 acres of land suitable for retail or multifamily development.
Where is this commercial land located?
The property is located at 651 Center St Chicopee, MA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 11.7 acres of contiguous land suitable for development.; Located on the Chicopee Springfield border with easy access to Routes 291, 391, and 91.; Suitable for major retail or large multifamily development.
(413) 240-2359 Call to check price and availability
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