181 Springfield St Agawam, MA 01001
- Commercial land
Current Use by Public Records
- Commercial land
Property Details for 181 Springfield St
- Property type
- Commercial land
Description
This exceptional 4.3-acre parcel in Agawam, MA (01001), located at 181 Springfield St, presents a unique investment opportunity. Zoned for commercial use, this property offers significant potential for a variety of developments. Currently, four residential homes situated on the land are generating rental income. The property's strategic location near Sarat Ford/Lincoln ensures high visibility and accessibility. Potential uses include retail, office, storage, warehouse, or manufacturing, subject to buyer verification of zoning and permitted uses. The existing homes are available for viewing following the acceptance of a purchase offer. The property comprises four individual parcels. The sale price is $1,500,000. Please note that building size (187,308 sq ft) refers to the combined size of the existing homes and does not reflect potential buildable area. Buyers are responsible for conducting their own due diligence regarding zoning regulations and permitted land uses. This is a rare opportunity to acquire a substantial commercial property in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Agawam
- County
- State
- Massachusetts