Flex Space with Garage
For Sale
Contact for pricing
902-910 Chicopee St Unit 3, Chicopee, MA 01013
Private commercial bay with a bathroom, vehicle access, and dedicated parking.
Property Size850 SF
Price / SF$0.94
Days on Market50
Property Features for 902-910 Chicopee St Unit 3
General Information
Standard status
Active
Size
850 SF
Total Parking Spaces
3
Property subtype
Commercial
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
private bathroom
overhead garage door
Building Details
Year Built
2007
Tenancy
Single
Listing Agency:
Lock and Key Realty Inc.
(413) 282-8080
Listed By:
Jessica Mekal · License #CN248483
(413) 519-1423
Source:
Lockandkeyre
Added: Sep 1
Changed: Oct 19
Last Checked: Oct 19 at 11:08AM
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 Lock and Key Realty Inc.
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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 850-square-foot flex space is configured as a private commercial garage bay with a dedicated bathroom and a 16' × 12' overhead door. The layout supports storage, workshop activity, contracting operations, and other approved commercial uses. Electricity is included, and the property was built in 2007.
The bay is located at 902–910 Chicopee Street in Chicopee, just off the highway with access to major routes. Two to three dedicated parking spaces accompany the unit, providing room for vehicles, equipment, or deliveries. An office in the front building is also available and may be combined with the garage bay.
The bay is located at 902–910 Chicopee Street in Chicopee, just off the highway with access to major routes. Two to three dedicated parking spaces accompany the unit, providing room for vehicles, equipment, or deliveries. An office in the front building is also available and may be combined with the garage bay.
Key Highlights
- 850‑square‑foot private garage bay
- 16' × 12' overhead garage door
- Private bathroom and electricity included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,540
Suggested Prices Based on Cap Rates
Cap Rate 5%
$90,800
$90.8K
Cap Rate 7%
$64,857
$64.9K
Cap Rate 9%
$50,444
$50.4K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$6.9K $8.16/SF
− Vacancy
−$451 −$0.53/SF
EGI
$6.5K $7.63/SF
− OpEx
−$1.9K −$2.29/SF
NOI
$4.5K $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%
$90,800
Cap Rate 7%
$64,857
Cap Rate 9%
$50,444
Alternative Uses
Best Use
Flex RnD
$156.0K
$136.5K – $182.0K
NOI $10,920 @ 7.0% cap · market cap 1,373.58%
Second Best
Industrial
$64.9K
$56.8K – $75.7K
NOI $4,540 @ 7.0% cap · market cap 571.07%
Theoretical Best
Office A
$523.9K
$458.4K – $611.2K
NOI $36,671 @ 7.0% cap · market cap 4,612.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Private commercial bay with a bathroom, vehicle access, and dedicated parking.
Where is this flex space located?
The property is located at 902-910 Chicopee St Unit 3 Chicopee, MA.
What are key features of this property?
This property features: 850‑square‑foot private garage bay; 16' × 12' overhead garage door; Private bathroom and electricity included
