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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

883 Alden St Springfield, MA 01109

3,400 SF
Property ID
Property summary
AI-generated overview

This exceptional 3,400 square foot retail property located at 883 Alden Street in Springfield, Massachusetts, presents a unique investment opportunity. The space is currently vacant and offers a flexible layout suitable for a variety of commercial uses. Zoned for business, this single-tenant property boasts a generous 1,400 square feet of street-level retail space, perfectly suited for showcasing products and engaging customers. Adding significant value is a substantial 2,000 square foot lower-level warehouse, accessible via a convenient drive-in overhead door. This provides ample storage or additional workspace, ideal for inventory management or specialized operations. The property's location in Hampden County, with its zip code 01109, places it within a thriving commercial district alongside established businesses such as Wholesale Kitchen Supply and Bassett Boat Company. The total building size is 3,400 square feet, offering a substantial footprint for a business seeking to establish a strong presence in Springfield. The property's APN is 000. This versatile space is ready for immediate occupancy and presents an excellent opportunity for a business seeking a high-visibility location with ample space for retail operations and storage. The property is zoned BUSINESS.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,400 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
Current use
Occupant on record · Public records
  • Bassett Yacht & Boat Sales (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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