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Property profile & analytics

90 Berkshire Ave Springfield, MA 01109-1709

  • Medical offices
  • 4,620 SF
  • 0.68 lot acres
OFF-MARKET
Last Sale
Dec 20, 2024
$440,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US38-1496065
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Chiropractic Clinic West / Chiropractor
  • Lebel Lynn R DC / Chiropractor
  • Brian S. Dixon, DC / Chiropractor

Property Details for 90 Berkshire Ave

Year built
1968
Lot size
0.68 lot acres
Property size
4,620 SF
Zone code
SR1C1
Property type
Medical offices
Property subtype
Medical centers
APN
SPRI S:01340 P:0020
APU
SPRIS01340P0020

Description

This exceptional owner-user opportunity presents a well-maintained, two-story medical office building situated on a spacious 29,712 square foot lot in Springfield, Massachusetts. The property, located at 90 Berkshire Ave, zip code 01109, boasts 4,818 square feet of net rentable space, currently configured as a chiropractic office since 1968. The upper level comprises six exam rooms, two bathrooms, a massage room, a sizable reception area with a file room, a small break room, and a private office. A significant upgrade includes a new 400-amp electrical panel installed in July 2024 for the upper level, supplementing the existing two separate electrical panels and meters serving both levels. The lower level offers an additional 2,343 square feet of finished space, including a full bathroom, a fully applianced kitchen, and a combined break room/dining area. Ample parking is available with paved space for approximately 25+ vehicles. The property benefits from convenient access to local amenities, major roadways, and highways. Heating is provided by natural gas with electric backup. The building is zoned Commercial A, offering flexibility for various medical or related uses. The asking price is $499,000, translating to $103.57 per square foot. Occupancy is available October 1, 2024. This is an ideal investment for a medical professional seeking a turnkey operation or an investor looking for a strong return in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Springfield
County
Hampden
State
Massachusetts
Longitude
-72.5379
Latitude
42.1259
CBSA code
44140
CBSA name
SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,643
$69,900
$222,500
$292,400
-
$0.00
$0.00
$0.00
More about this property
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