90 Sargeant StHolyoke, MA 01040

This distressed property at 90 Sargeant St, Holyoke, MA 01040 presents a unique redevelopment opportunity. The 23,000 square foot industrial building, classified as Class D, sits on a 0.268-acre lot and features five units, each priced at $89,800. Built in 1900, the three-story structure boasts a 12-foot ceiling height, two loading docks, and two dock-high doors. Currently vacant, the property offers significant potential for repositioning. The building is zoned IG and is offered at $19.52 per square foot. The sale is a NNN lease type with no tenant credit rating. The property's current NOI and pro-forma NOI are both $0, resulting in a 0% cap rate. This presents a chance to create substantial value through renovation and lease-up. The property's location in Holyoke, Hampden County, Massachusetts provides access to key transportation routes and a growing industrial market. This is an ideal investment for developers seeking a high-return project in a desirable location. The property requires significant capital investment to bring it up to modern standards.