883 Alden St Springfield, MA 01109
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.
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Bassett Yacht & Boat Sales (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.