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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

254 Westfield Rd Holyoke, MA 01040

23,000 SF 3.42 ac lot Built 1964
Property ID
Property summary
AI-generated overview

West Holyoke Plaza, located at 254 Westfield Rd, Holyoke, MA 01040, offers exceptional medical office space for lease. This multi-tenant property, situated in the Ingelside submarket of Springfield, MA, boasts a prime location in a busy neighborhood center anchored by a Dollar General. The complex comprises three single-story buildings totaling 23,000 square feet, built in 1964 and renovated in 2014. Available spaces range from a minimum of 1,226 square feet to a maximum contiguous space of 6,590 square feet, making it suitable for a variety of medical practices. The property features ample parking with 180 spaces and benefits from a strong tenant mix, including a hair salon, insurance services, pizza restaurant, and educational services. The property is zoned BL and has a parcel number of 000157-000074. Taxes are $3.78 per square foot. The building has a floor area ratio (FAR) of 15 and sits on 3.42 acres of land. The property is conveniently located near Bray Park Drive. This is a rare opportunity to secure medical office space in a thriving commercial area. Contact us today to learn more about leasing opportunities.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1964
Total area 23,000 SF
Lot 3.42 ac (148,975 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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