302-322 High St Holyoke, MA 01040
- Retail properties
- 50,922 SF
- 0.26 lot acres
Current Use by Public Records
- Retail properties
Property Details for 302-322 High St
- Year built
- 1880
- Lot size
- 0.26 lot acres
- Property size
- 50,922 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a portfolio of three interconnected buildings totaling 50,922 square feet in downtown Holyoke, Massachusetts. Built in 1880, this six-story property, situated on a 0.26-acre lot, offers significant redevelopment potential. Currently zoned BC, the property is ideally located within an Opportunity Zone, the Downtown Smart Growth Zoning Overlay (40R) District, and the North High Street Historic District. The buildings boast a diverse range of uses, including bank, storefront, and traditional office spaces, making them suitable for a variety of adaptive reuse scenarios, including potential residential or mixed-use conversion. The prime location provides direct access to a public parking garage and is in close proximity to ongoing revitalization projects, numerous businesses, and municipal offices. Excellent highway access is available via Routes 5/141/202, I-90, I-91, and the Amtrak station. Seller financing may be available for qualified buyers. The asking price is $1,100,000, translating to $21.60 per square foot. This is a rare chance to acquire a substantial property in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6086
- Latitude
- 42.2057
