151 Point Grove Rd Southwick, MA 01077
- Turn key restaurants
- 3,135 SF
- 3.73 lot acres
Current Use by Public Records
- Veterans of Foreign Wars / Non-Profit Organization
Property Details for 151 Point Grove Rd
- Year built
- 1948
- Construction
- FRAME
- Lot size
- 3.73 lot acres
- Property size
- 3,135 SF
- Property type
- Turn key restaurants
- APN
- SWIC M:123 B:000 L:040
- APU
- SWICM123B000L040
Description
This exceptional Southwick, MA commercial property at 151 Point Grove Rd offers a unique investment opportunity. The property encompasses two buildings totaling 3,500 square feet, situated on a generous 2.73 acres of land. Built in 1948, the two-story structures boast a versatile layout suitable for a variety of commercial uses, including retail, restaurant, and traditional office space. Currently zoned commercial, the property allows for multiple tenants or can be leased as a whole. The flexible lease terms are negotiable to suit individual business needs. Ample parking is available with 200 spaces provided for tenants and customers. The property's location in Southwick, MA, offers excellent visibility and accessibility, making it an ideal location for businesses seeking a strong presence in the community. Two spaces, totaling 2,000 square feet, are currently available for lease. This property presents a rare chance to acquire a well-established commercial space with significant potential for growth and profitability. The property's size and layout offer flexibility for a variety of business models, making it an attractive option for both established businesses and startups. Contact us today to learn more about this exciting opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $120,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $80,000
- 6.5%
- $85,000
- 7%
- $80,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $95,000
- Geo Method
- $100,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $90,000
- Retail
- $70,000
- Mixed-Use
- $95,000
- Hospitality
- $85,000
- Educational
- $70,000
- Residential Income
- $80,000
- Energy
- $75,000
- Income-Based Land
- $75,000
- Food Service
- $80,000
Location Insight
- Map
- Local Demand
- City
- Southwick
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.7535
- Latitude
- 42.0374
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA