302-322 High St Holyoke, MA 01040
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.
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
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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.