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    OFF-MARKET
    Warehouses

    701-711 Main St, Springfield, MA 01101

    4,445 SF 0.23 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Warehouses
    Total area 4,445 SF
    Lot 0.23 ac (10,019 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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