Manufacturing Building with Loading
89 Baldwin Street, West Springfield, MA 01089
For Sale
Contact for pricing
A commercial kitchen, office area, outdoor patio, and on-site parking support a range of manufacturing operations.
Property Size8,515 SF
Lot Size0.44 Acres
Price / SF$126.25
Days on Market42
Property Features for 89 Baldwin Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Property Use
Building Details
Buildings
Building Size
Listing Agency:
REGION CO
Listed By:
Ben Bolotin · License MA #9582125
(413) 530-3215
Source:
Crexi
Added: Sep 29
Changed: Nov 8
Last Checked: Nov 8 at 2:28PM
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 REGION CO
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This manufacturing property contains approximately 8,515 square feet of space on roughly 0.44 acres. Its layout includes a commercial kitchen, dedicated office area, loading dock, outdoor patio, and on-site parking. The building was previously used as a brewery; brewery equipment is not part of the sale.
The Baldwin Street location provides access to Memorial Ave, downtown West Springfield, Interstate 91, and the Massachusetts Turnpike (Interstate 90).
The Baldwin Street location provides access to Memorial Ave, downtown West Springfield, Interstate 91, and the Massachusetts Turnpike (Interstate 90).
Key Highlights
- Approximately 8,515 square feet of industrial and manufacturing space
- Roughly 0.44 acres
- Commercial kitchen, dedicated office space, and loading dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,476
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,520
$909.5K
Cap Rate 7%
$649,657
$649.7K
Cap Rate 9%
$505,289
$505.3K
Market Conditions
NOI Build-Up for 8,515 SF
Gross rent
$69.5K $8.16/SF
− Vacancy
−$4.5K −$0.53/SF
EGI
$65.0K $7.63/SF
− OpEx
−$19.5K −$2.29/SF
NOI
$45.5K $5.34/SF
Area
Hampden County, MA
Vacancy
6.50%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,520
Cap Rate 7%
$649,657
Cap Rate 9%
$505,289
Alternative Uses
Best Use
Industrial
$649.7K
$568.5K – $757.9K
NOI $45,476 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.25M
$4.59M – $6.12M
NOI $367,358 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Explore this area
Business Placement
Demographics for 01089, MA
28,835
Population
13,095
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
91%
High-School Grad
16.7 sq mi
ZIP Area
1,727
Density / Sq Mi
$70,401
Median Household Income
$43,186
Median Earnings
$1,121
Median Rent
$307,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Manufacturing properties in Hampden County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - A commercial kitchen, office area, outdoor patio, and on-site parking support a range of manufacturing operations.
Where is this manufacturing property located?
The property is located at 89 Baldwin Street West Springfield, MA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Approximately 8,515 square feet of industrial and manufacturing space; Roughly 0.44 acres; Commercial kitchen, dedicated office space, and loading dock
