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    FOR SALE
    Showrooms

    1361 Memorial Dr, Chicopee, MA 01022

    2,604 SF 0.46 ac lot Built 2001
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US38-0637470
    Property summary
    AI-generated overview

    This exceptional 2,604-square-foot medical office building is situated at 1361 Memorial Drive in Chicopee, Massachusetts, within Hampden County (zip code 01022). The property is a single-tenant, freestanding structure, previously occupied by Westover Veterinary Clinic—the only veterinary practice in Chicopee. This presents a unique opportunity for a variety of medical practices seeking a well-established location with high visibility. The building sits on a sizable 0.46-acre lot, providing ample space and convenience. On-site parking is readily available with a dedicated lot accommodating approximately ten vehicles. The building's prior use as a veterinary clinic suggests existing infrastructure suitable for medical practices, potentially minimizing renovation costs. The property's location in Chicopee offers access to a substantial patient base and benefits from convenient access to major roadways. This is an excellent opportunity for a medical professional or group seeking a turnkey solution in a desirable location. The property is offered as a single-tenant building, providing a stable and straightforward ownership experience. Further details regarding the property's specifications and potential are available upon request.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 2001
    Construction FRAME
    Total area 2,604 SF
    Lot 0.46 ac (20,008 SF)
    Zoning code 111A
    APN CHIC M:0611 P:00010
    UPID US38-0637470
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.12M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.12M
    Owner & transaction history
    G&e Jennings Bypass T 3 · 3 yrs held
    G&e Jennings Bypass T 3
    since 2022
    Last sale
    $1.1M
    3 recorded transactions
    2022
    $1.1M
    2021
    $975,000
    2002
    $30,000
    Zoning & alternative use
    111A · Chicopee, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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