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Property profile & analytics
FOR SALE
Manufacturing properties

195 Appleton St Holyoke, MA 01040

166,494 SF 2.83 ac lot Built 1900
Individually Owned 2-yr Hold Free & Clear
Property ID
US38-1248703
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1900
Construction FRAME
Total area 166,494 SF
Lot 2.83 ac (123,166 SF)
Zoning code IG
APN HOLY M:0021 B:0001 L:7
UPID US38-1248703
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$2.33M
Owner & transaction history
Spartan Nt · 2 yrs held
Spartan Nt
since 2024
2 recorded transactions
2024
Price N/A
2022
Price N/A
Zoning & alternative use
IG · Holyoke, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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