Property profile

83-95 Warwick St Springfield, MA 01104

OFF-MARKET
Warehouses
57,508 SF 1.6 ac lot Built 1901
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Property summary

AI-generated overview

This centrally located Springfield, MA industrial warehouse presents a unique investment opportunity. Boasting 57,508 total square feet, including 30,345 square feet of net rentable space on the first floor, this Class B building offers ample room for various uses. Built in 1901 and extensively renovated in 2011, the property features energy-efficient upgrades, including a 140 kW solar array with a power purchase agreement, heat pumps, radiant heating, heat exchangers, and low-flow plumbing. The high ceilings (22 feet) and 30x40 column spacing provide flexibility for layout and operations. The 1.596-acre lot includes two fenced storage areas, enhancing functionality. Two loading docks and a two-truck garage with large grade-level doors ensure efficient material handling. The property also offers two ChargePoint EV stations with four hookups, and wiring is in place for four additional hookups. The permitted zoning is industrial, and the property is located at 83-95 Warwick Street, Springfield, MA 01104. Asking price is $1,725,000, at $30 per square foot.

Property profile

Verified
Property type Warehouses
Year built 1901
Total area 57,508 SF
Lot 1.6 ac (69,522 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

83-95 Warwick St Springfield, MA 01104
Springfield metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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