1886 Allen St Springfield, MA 01118
- Retail properties
- 4,050 SF
Current Use by Public Records
- Retail properties
Property Details for 1886 Allen St
- Property size
- 4,050 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 4,050 square foot retail property located at 1886 Allen Street in Springfield, Massachusetts, presents a compelling investment opportunity. Currently occupied by two tenants—a pizza shop and a nail salon—both spaces are vacant upon sale, offering immediate flexibility for the new owner. The property boasts a prominent 200-foot frontage, ensuring excellent visibility and accessibility for potential businesses. Situated in a high-traffic area, the location benefits from proximity to major retailers such as Stop & Shop and Big Y Gas, guaranteeing consistent foot traffic. The property is zoned for business use, allowing for a wide range of commercial ventures. The asking price is $699,000, translating to $172.59 per square foot. The property's Assessed Parcel Number (APN) is 002800590. This versatile space is ideal for an owner-user seeking a prime location or an investor looking to lease to multiple tenants. The Springfield MSA location and Hampden County placement offer strong potential for return on investment. Don't miss this chance to acquire a thriving retail space in a bustling commercial area.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.4985
- Latitude
- 42.0891
