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    OFF-MARKET
    Industrial properties

    572 St James Ave, Springfield, MA 01109

    6,414 SF 0.4 ac lot Built 1941
    Property ID
    Property summary
    AI-generated overview

    This 6,414-square-foot industrial manufacturing building in Springfield, MA, is available for $625,000 ($97.44/SF). Built in 1941 and renovated in 2012, this vacant property sits on a 0.4-acre lot and features a split zoning designation: Industrial A in the rear and Business B in the front. The building boasts a 14-foot ceiling height, one loading dock, ample paved on-site parking, and is conveniently located one minute from I-291, providing easy access to major highways. Inside, you'll find approximately 1,500 square feet of office space, separate restrooms for office and shop areas, and a break room. The 5,000-square-foot shop area features a clean epoxy floor, is plumbed for air, and has existing electrical distribution throughout. Recent upgrades include energy-efficient LED lighting and three gas-fired rooftop HVAC units providing heating and cooling. The building is served by an 800 Amp, 208 Volt, 3-phase electrical service and includes an 8' x 8' overhead door opening to a loading platform with a ramp to grade. This property presents a unique opportunity for a variety of manufacturing businesses seeking a well-maintained space with excellent accessibility.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1941
    Total area 6,414 SF
    Lot 0.4 ac (17,424 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
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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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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