195 Appleton St Holyoke, MA 01040
For Sale
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This exceptional redevelopment opportunity presents a substantial 230,000-square-foot warehouse in Holyoke, Massachusetts. Located at 195 Appleton Street, this Class C, vacant property boasts a rich history housed within a four-story brick and beam structure built in 1889. The 3.66-acre lot features two loading docks and a 14-foot ceiling height. Zoned IG, this property offers significant potential, situated conveniently near major highways and between two canals enhanced by new pedestrian walkways. Unique to this offering are deeded water rights to draw from the Second Canal, along with the availability of Hydro and Redevelopment Grants. The property's proximity to the Massachusetts Green High Performance Computing Center, a leading Northeast facility, further enhances its appeal. With ample parking for 80 cars, this is a rare chance to acquire a substantial industrial property in a thriving location, ideal for adaptive reuse and sustainable development within a designated Chapter 40R Smart Growth District and Opportunity Zone. The asking price is $2,290,000, translating to $10.83 per square foot. This is a truly unique opportunity to acquire a piece of Holyoke's industrial heritage and transform it into a modern, sustainable asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IG · Holyoke, MAHolyoke. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.