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    195 Appleton St Holyoke, MA 01040

    Sponsored
    For Sale
    $2,290,000

    Massive Mill Building, Redevelopment Opportunity

    Property size:
    230,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents a substantial 230,000-square-foot warehouse in Holyoke, Massachusetts. Located at 195 Appleton Street, this Class C, vacant property boasts a rich history housed within a four-story brick and beam structure built in 1889. The 3.66-acre lot features two loading docks and a 14-foot ceiling height. Zoned IG, this property offers significant potential, situated conveniently near major highways and between two canals enhanced by new pedestrian walkways. Unique to this offering are deeded water rights to draw from the Second Canal, along with the availability of Hydro and Redevelopment Grants. The property's proximity to the Massachusetts Green High Performance Computing Center, a leading Northeast facility, further enhances its appeal. With ample parking for 80 cars, this is a rare chance to acquire a substantial industrial property in a thriving location, ideal for adaptive reuse and sustainable development within a designated Chapter 40R Smart Growth District and Opportunity Zone. The asking price is $2,290,000, translating to $10.83 per square foot. This is a truly unique opportunity to acquire a piece of Holyoke's industrial heritage and transform it into a modern, sustainable asset.

    Property Features for 195 Appleton St

    General Information

    Property type
    Distribution properties
    Square Feet
    230,000 SF
    Class
    C
    Lot Size
    159,430 SF

    Building Details

    Year Built
    1889
    Buildings
    1
    Stories
    4

    HighLights

    • 230,000 SF brick & beam warehouse building in Holyoke, MA.
    • Easy access to major highways.
    • Hydro and redevelopment grants available.
    • Situated on a 3.66‑acre lot, bounded by canals with new pedestrian walkways.
    • Deeded water rights from the Second Canal.
    • 80‑car parking lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Holyoke
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.60699142
    Latitude
    42.20341737

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    FAQs

    What type of property is this?
    Distribution property - Massive Mill Building, Redevelopment Opportunity
    Where is this distribution property located?
    The property is located at 195 Appleton St Holyoke, MA.
    What is the asking price?
    The asking price for this property is $2,290,000.
    What are key features of this property?
    This property features: 230,000 SF brick & beam warehouse building in Holyoke, MA.; Easy access to major highways.; Hydro and redevelopment grants available.
    Request Owner's contact information
    195 Appleton 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
    195 Appleton St Holyoke, MA 01040
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