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    12 Crescent St Holyoke, MA 01040

    For Sale
    $915,000

    Vacant Industrial Building, 76,274 SF

    Property size:
    76,274 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This Holyoke, MA property offers a significant redevelopment opportunity. The 76,274 square foot industrial building, situated on a 1.396-acre lot, features three buildings with five stories, five loading docks, and ceiling heights of 15 feet. Located at 12 Crescent Street and including an adjacent 0.196-acre lot on Clemente Street, the property boasts multiple drive-ins, a fenced lot, a freight elevator, and ample parking. Zoned IG, this vacant property presents a unique chance to capitalize on its prime location in Holyoke's industrial zone, offering easy access to major roads and public transportation. The building, constructed in 1910, provides substantial warehouse space suitable for various uses. The asking price is $915,000, and the property is offered as a NNN lease with no tenant credit. This is a redevelopment investment opportunity with a vacant tenancy.

    Property Features for 12 Crescent St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    76,274 SF
    Lot Size
    60,810 SF

    Building Details

    Buildings
    3
    Stories
    5

    HighLights

    • Multiple loading docks.
    • Multiple drive‑ins.
    • Fenced lot.
    • Freight elevator.
    • Ample parking.
    • 15‑foot ceiling heights.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Barbieri Express Trucking Company Boston & Maine Corporation Railroad Company Insulation Contractor Of New ... Insulation Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Holyoke
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.604580015644
    Latitude
    42.200388667634

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    FAQs

    What type of property is this?
    Manufacturing property - Vacant Industrial Building, 76,274 SF
    Where is this manufacturing property located?
    The property is located at 12 Crescent St Holyoke, MA.
    What is the asking price?
    The asking price for this property is $915,000.
    What are key features of this property?
    This property features: Multiple loading docks.; Multiple drive-ins.; Fenced lot.
    Request Owner's contact information
    12 Crescent St Holyoke, MA 01040
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    Holyoke, MA 01040
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    12 Crescent St Holyoke, MA 01040
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