Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    345 Holyoke St Ludlow, MA 01056

    • Retail space
    • 3,000 SF
    • 0.30 lot acres
    For Sale
    View listing
    $475,000
    Value Estimation
    Last Sale
    Apr 25, 2025
    $465,000
    Location Intelligence
    Property ID
    US38-1377189
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • So Cool Gifts and Accessories / Gift Shop

    Property Details for 345 Holyoke St

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.30 lot acres
    Property size
    3,000 SF
    Property type
    Retail space
    APN
    LUDL M:11B B:7250 P:9
    APU
    LUDLM11BB7250P9

    Description

    This exceptional free-standing commercial building at 345 Holyoke St, Ludlow, MA, presents a unique investment opportunity. Boasting a total of 3,000 square feet of finished space, divided equally between two levels (1,500 sq ft each), this property offers significant versatility for a wide range of businesses. A thoughtfully designed second floor addition, completed in 2016, enhances the flexible layout, adaptable to various operational needs. The full basement provides substantial storage capacity, with potential for future expansion or development. Parking is never a concern with over 20 spaces available on the property. The building's open floor plan and generous space make it suitable for diverse uses, including, but not limited to, salons, medical offices, tanning salons, law firms, spas, and retail businesses. The property sits on a 0.3-acre lot and features professionally landscaped grounds, including an attractive backyard paver patio. Its location in a thriving area of Ludlow ensures excellent visibility and convenient access to major highways, making it an ideal choice for businesses seeking a high-demand location. Priced at $475,000, this property represents a compelling investment in a prime commercial location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $525,000
      6.5%
      $530,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $525,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $585,000
      Retail
      $455,000
      Mixed-Use
      $500,000
      Hospitality
      $515,000
      Educational
      $530,000
      Residential Income
      $480,000
      Energy
      $595,000
      Income-Based Land
      $505,000
      Food Service
      $595,000

    Location Insight

    • Map
    • Local Demand
    City
    Ludlow
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.4948
    Latitude
    42.1766
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,706
    $117,200
    $198,200
    $315,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $385,000
      1,356 SF

      541 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 1,356 SF
      541 Ctr St, Ludlow, MA 01056-2733
      View Details
    • Value Estimation
      $780,000
      15,513 SF

      44 Sewall St

      RETAIL STORES (PERSONAL SERVICES) • 15,513 SF
      44 Sewall St, Ludlow, MA 01056-3420
      View Details
    • Value Estimation
      $195,000
      3,301 SF

      328 Ee St

      RETAIL STORES (PERSONAL SERVICES) • 3,301 SF
      328 Ee St, Ludlow, MA 01056-3008
      View Details
    • Value Estimation
      $330,000
      2,072 SF

      434 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 2,072 SF
      434 Ctr St, Ludlow, MA 01056-2728
      View Details
    • Value Estimation
      $320,000
      600 SF

      279 Cady St

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      279 Cady St, Ludlow, MA 01056-2169
      View Details
    • Value Estimation
      $240,000
      651 SF

      244 Hubbard St

      RETAIL STORES (PERSONAL SERVICES) • 651 SF
      244 Hubbard St, Ludlow, MA 01056-2779
      View Details

    Similar Nearby for Sale

    • $290,000
      1,230 SF

      Red Bridge Bait and Tackle

      Operating bait and tackle shop for sale on one acre.
      1131 East St, Ludlow, MA 01056
      View Details
    • $2,900,000
      4,388 SF

      Prime Development Site For Sale

      Development site near I-90, Mass Pike, and national retailers.
      430-434 Center St, Ludlow, MA 01056
      View Details
    • $2,000,000

      Mixed-Use Investment Property For Sale

      11-unit mixed-use property with strong rental history and upside.
      287 East St, Ludlow, MA 01056
      View Details
    • $1,150,000

      Ludlow Investment Opportunity For Sale

      Two commercial buildings with retail and warehouse space in Ludlow.
      60 & 64-70 St East, Ludlow, MA 01056
      View Details
    • $1,400,000
      4,238 SF

      Ludlow Restaurant - Prime Location

      Established Restaurant, 4,238 SF
      1428 Center St, Ludlow, MA 01056
      View Details
    • $449,900
      1,449 SF

      Auto Sales Property For Sale

      1449 SF auto sales property with mechanic lifts.
      447 Center St, Ludlow, MA 01056
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr

      Retail Space in High-Traffic Center

      2,000 sq. ft. retail space in Ludlow, MA for rent.
      52 East St, Ludlow, MA 01056
      View Details
    • Contact for pricing
      10,117 SF

      Retail Space with Highway Visibility

      Retail space with direct highway access and strong community support.
      433 Center St, Ludlow, MA 01056
      View Details
    • $15 SF/Yr
      6,550 SF

      Ludlow Office Space for Lease

      Office space available for lease in Ludlow, Massachusetts.
      100 Moody St, Ludlow, MA 01056
      View Details
    • $3,500 /Mo
      1,920 SF

      Renovated Office Space For Rent

      Recently renovated office space near Ludlow Mills redevelopment project.
      35 State St, Ludlow, MA 01056
      View Details
    • Contact for pricing
      3,114 SF

      Updated Professional Office Space

      Updated office space with ample parking near major highways.
      280 Moody St, Ludlow, MA 01056
      View Details
    • $13,333 /Mo
      7,225 SF

      Ludlow Industrial Property For Lease

      7,225 SF industrial building with large yard and trailer positions.
      270 West St, Ludlow, MA 01056
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    345 Holyoke St
    Ludlow, MA 01056
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.