130 Middle Water St Holyoke, MA 01040
- Manufacturing properties
- 25,000 SF
- 0.18 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 130 Middle Water St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.18 lot acres
- Property size
- 25,000 SF
- Zone code
- IG
- Property type
- Manufacturing properties
- APN
- HOLY M:0047 B:0001 L:13
- APU
- HOLYM0047B0001L13
Description
This exceptional 27,000 square foot warehouse, located at 130 Middle Water Street in Holyoke, Massachusetts, presents a unique investment opportunity. The property, built in 1900, is a five-story building with a 10-foot ceiling height, offering ample space for a variety of industrial uses. Currently vacant, this distressed sale presents a chance to acquire a substantial property at an attractive price of $249,999, or $9.26 per square foot. The building features one loading dock, making it suitable for efficient goods handling. Its prime location in Holyoke, directly adjacent to Chicopee via the Willimansett Bridge, provides excellent access to major transportation routes and a strategic position within the Hampden County market. The property's size and location make it ideal for businesses seeking a large, adaptable space with convenient access to two major cities. The building's vacant status allows for immediate occupancy and customization to meet specific business needs. This is a rare opportunity to acquire a significant industrial property at a compelling price point. The sale condition is listed as distressed. No tenant credit rating is available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $530,000
- 6.5%
- $505,000
- 7%
- $490,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $530,000
- Geo Method
- $535,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $430,000
- Retail
- $510,000
- Mixed-Use
- $525,000
- Hospitality
- $530,000
- Educational
- $445,000
- Residential Income
- $550,000
- Energy
- $445,000
- Income-Based Land
- $475,000
- Food Service
- $505,000
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6037
- Latitude
- 42.1961
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA