100 Water St Holyoke, MA 01040
- Manufacturing properties
- 219,834 SF
- 3.31 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 100 Water St
- Year built
- 1935
- Construction
- FRAME
- Lot size
- 3.31 lot acres
- Property size
- 219,834 SF
- Zone code
- IG
- Property type
- Manufacturing properties
- APN
- HOLY M:0048 B:0001 L:5
- APU
- HOLYM0048B0001L5
Description
This exceptional investment opportunity presents a substantial 326,664-square-foot industrial complex situated on approximately 5.58 acres in Holyoke, Massachusetts. Conveniently located minutes from I-391, this property comprises five buildings offering a diverse range of spaces. The complex includes modern warehouse and manufacturing areas featuring high ceilings (up to 28 feet), multiple loading docks, and substantial heavy power (ranging from 1,600 to 3,000 amps, depending on the building). Older buildings, ideal for multi-floor storage or manufacturing, also benefit from heavy power, freight elevators, and integrated office space. Building specifics include: Building 1 (26,500 SF, built 1990), Building 2 (150,000 SF, four stories, built 1880), Building 3 (35,040 SF, three stories, built 1910), Building 4 (64,242 SF, three stories, built 1910), and Building 5 (50,700 SF, built 1995). All buildings share a General Industry (IG) zoning designation, making this property well-suited for owner-occupancy or investment purposes. The asking price for this expansive complex is $4,950,000, translating to $15.15 per square foot. This presents a rare opportunity to acquire a significant industrial footprint in a strategic location. The property is currently vacant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,280,000
- 6.5%
- $4,260,000
- 7%
- $4,420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,005,000
- Geo Method
- $4,105,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,890,000
- Retail
- $4,650,000
- Mixed-Use
- $4,905,000
- Hospitality
- $3,875,000
- Educational
- $4,885,000
- Residential Income
- $4,960,000
- Energy
- $4,195,000
- Income-Based Land
- $4,190,000
- Food Service
- $4,865,000
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6005
- Latitude
- 42.1977
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA