54 Winter St Springfield, MA 01103
- Auto shops
- 3,675 SF
- 0.07 lot acres
Current Use by Public Records
- Auto shops
Property Details for 54 Winter St
- Year built
- 1920
- Lot size
- 0.07 lot acres
- Property size
- 3,675 SF
- Zone code
- B1
- Property type
- Auto shops
- APN
- SPRI S:12395 P:0015
- APU
- SPRIS12395P0015
Description
This exceptional investment opportunity presents a versatile commercial property located at 54 Winter Street in Springfield, Massachusetts. The property encompasses a substantial 1000 square feet of space, ideally suited for a variety of uses. Currently configured as a garage, it's perfectly positioned for an auto repair business or retail sales operation. The building sits on a conveniently sized 0.07-acre lot, offering ample space for maneuvering and potential expansion. A significant advantage is the inclusion of an electric lift, complete with a compressor, which is being provided by the seller. This valuable equipment represents a substantial cost savings for the new owner, eliminating the need for a significant capital investment in essential tools. The asking price for this property is $225,000, presenting a compelling opportunity for investors seeking a strong return on their investment in a desirable Springfield location. The property's adaptability makes it an attractive prospect for entrepreneurs looking to establish a thriving business in a well-situated commercial space. The inclusion of the lift and compressor further enhances the property's value and potential for immediate operational efficiency. Serious inquiries are encouraged to explore this promising commercial real estate offering. The property is ready for immediate occupancy and offers a unique chance to acquire a well-equipped and strategically located commercial space in Springfield.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.5882
- Latitude
- 42.107
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA