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    60 Allston Ave West Springfield, MA 01089

    Sponsored
    For Lease
    $5 SF/Yr

    77,828 SF Manufacturing Building, 23,800 SF Available

    Lot size:
    77,828 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional West Springfield, MA industrial property, located at 60 Allston Ave, offers 77,828 square feet of manufacturing space, with 23,800 square feet currently available for lease. The building, constructed in 1950, sits on a 2.1-acre lot and features a desirable BB-1 zoning classification. The space boasts 16-foot ceilings, providing ample vertical clearance for various industrial operations. Three covered loading docks, each equipped with 8' x 10' load levelers, ensure efficient loading and unloading. The property also benefits from robust 480v/208v power capabilities. Ample on-site parking is available for approximately 20 vehicles. Its convenient location, just one mile from major highways, offers excellent access to transportation networks. This multi-tenant building presents a significant opportunity for businesses seeking versatile and well-equipped manufacturing space in Hampden County. The available space is ideal for a variety of manufacturing uses, given its size, power, and loading dock capacity. The property's location provides easy access to regional transportation arteries, making it an attractive option for businesses needing efficient logistics. The ample parking further enhances the property's appeal.

    Property Features for 60 Allston Ave

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    77,828 SF
    Total Rate
    38589.72

    Building Details

    Year Built
    1950

    Unit(s) available at that property

    Space
    Available Space
    Size
    23,800 SF
    Rate per SF
    $5

    HighLights

    • 16‑foot ceilings.
    • Ample on‑site parking (approx. 20 spaces).
    • One mile from I‑91.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.62572716365
    Latitude
    42.095964799532

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    FAQs

    What type of property is this?
    Manufacturing property - 77,828 SF Manufacturing Building, 23,800 SF Available
    Where is this manufacturing property located?
    The property is located at 60 Allston Ave West Springfield, MA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 16-foot ceilings.; Ample on-site parking (approx. 20 spaces).; One mile from I-91.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    60 Allston Ave West Springfield, MA 01089
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