Property summary
This exceptional investment opportunity presents a 4,445-square-foot warehouse complex situated on a 0.23-acre lot at 701-711 Main Street in Springfield, Massachusetts, zip code 01101. The property consists of a single, one-story building divided into five individual units, each with separate utilities. Ample parking is available with 20 spaces provided. The building features a newer membrane roof. The property is zoned BA and enjoys a highly desirable location in a thriving plaza, surrounded by schools, shops, banks, restaurants, and other popular attractions. Its Main Street address ensures high traffic counts and convenient highway access, making it ideal for both investors seeking rental income and owner-users. The property's suburban, strip mall, and free-standing characteristics, combined with its public water and sewer utilities, contribute to its strong investment potential. Financial statements are available upon request. This is a rare opportunity to acquire a well-maintained, multi-unit warehouse in a prime Springfield location. The asking price for this exceptional property is $650,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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