1552 Dwight St Holyoke, MA 01040-2356
- Retail space
- 1,560 SF
- 0.14 lot acres
Current Use by Public Records
- Smoke N' Pipe Deals / Tobacco Shop / Cigar Shop
- C Mart / Convenience Store
- ATM Machine at DAIRY MARKET / Atm
Property Details for 1552 Dwight St
- Year built
- 1965
- Construction
- FRAME
- Lot size
- 0.14 lot acres
- Property size
- 1,560 SF
- Zone code
- BH
- Property type
- Retail space
- APN
- HOLY M:0106 B:0000 L:6
- APU
- HOLYM0106B0000L6
Description
This exceptional 1,560 square foot shopping center, located at 1552 Dwight Street in Holyoke, Massachusetts, presents a compelling investment opportunity. Built in 1965, the well-maintained single-unit building sits on a 0.16-acre lot and is zoned BH, offering flexibility for various commercial uses. The asking price is $250,000, translating to $160.26 per square foot. Its classic yet adaptable structure provides potential for diverse business ventures, including the possibility of office space conversion. The property's strategic location in Holyoke ensures high visibility and accessibility, making it an attractive option for investors seeking a well-positioned retail space in a thriving area. The property's 1965 construction provides a solid foundation, while its adaptable design allows for customization to suit a variety of commercial needs. This single-unit building offers a streamlined management experience and the potential for strong rental income. The Hampden County location and 01040 zip code offer convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location at an attractive price point.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $160,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $165,000
- 6.5%
- $180,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $170,000
- Retail
- $200,000
- Mixed-Use
- $175,000
- Hospitality
- $205,000
- Educational
- $155,000
- Residential Income
- $215,000
- Energy
- $195,000
- Income-Based Land
- $175,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.628
- Latitude
- 42.2106
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA