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Financial
Distress signals
Property profile

1979 Memorial Dr Chicopee, MA 01020

OFF-MARKET
Retail space
Property ID
US38-1466845
2,884 SF 0.35 ac lot Built 1966
Last sale May 2016 · $340,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Solid brick commercial retail building located on a major arterial road with two separate, highly visible storefronts providing street frontage exposure and access along Memorial Dr. The structure is configured as two units, including one storefront unit and a second storefront unit with an open floor plan suitable for an owner-user layout or for separate leasing. The property has a site design oriented toward retail frontage along the corridor, and the corridor is reported to carry approximately 60,000 vehicles per day.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$356k
Assessed land$203k
Assessed improvement$153k
Effective rate3.18%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$140/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$78 – $196
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
111
JurisdictionCHICOPEE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.5
Realty agency10.8
Dental Office10.5

Location

1979 Memorial Dr Chicopee, MA 01020-4322
County assessor Recorded deeds · 2 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
685 James, Chicopee, MA 01020-3913 $550,000 Jan 2025 3,565 SF
1512 Memorial, Chicopee, MA 01020-3985 $450,000 May 2024 2,129 SF
1345 Burnett, Chicopee, MA 01020-4631 $415,000 May 2023 2,275 SF
873 Grattan, Chicopee, MA 01020-1217 $185,000 Feb 2022 3,360 SF
749 Memorial, Chicopee, MA 01020-5022 $1,525,000 Dec 2021 3,480 SF
2009 Memorial, Chicopee, MA 01020-4322 $75,000 May 2019 2,688 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $345,000
    2,825 SF
    447 Montgomery St
    FINANCIAL BUILDING
    447 Montgomery St, Chicopee, MA 01020
    View Details
  • Value Estimation
    $470,000
    2,747 SF
    1204 Granby Rd
    RETAIL STORES (PERSONAL SERVICES)
    1204 Granby Rd, Chicopee, MA 01020-2017
    View Details
  • Value Estimation
    $315,000
    2,688 SF
    2009 Memorial Dr
    RETAIL STORES (PERSONAL SERVICES)
    2009 Memorial Dr, Chicopee, MA 01020-4322
    View Details
  • Value Estimation
    $1,490,000
    3,480 SF
    749 Memorial Dr
    RETAIL STORES (PERSONAL SERVICES)
    749 Memorial Dr, Chicopee, MA 01020-5022
    View Details
  • Value Estimation
    $305,000
    3,574 SF
    577 Ee St
    RETAIL STORES (PERSONAL SERVICES)
    577 Ee St, Chicopee, MA 01020-4174
    View Details
  • Value Estimation
    $450,000
    2,129 SF
    1512 Memorial Dr
    RETAIL STORES (PERSONAL SERVICES)
    1512 Memorial Dr, Chicopee, MA 01020-3985
    View Details

Similar in This City for Sale

  • New
    $599,000
    2,884 SF
    Two-Storefront Brick Retail Building
    Solid brick retail building with two storefronts on a major arterial road, one leased and one open-plan suite.
    1979-1981 Memorial Dr, Chicopee, MA 01020
    View Details
  • New
    $440,000
    4,382 SF
    Mixed-Use Building with Storefront
    Two occupied apartments accompany vacant commercial space suited to retail, office, medical, or service businesses.
    432 Front Street, Chicopee, MA 01013
    View Details
  • $279,900
    1,298 SF
    Corner Retail Storefront with Patio
    Corner storefront includes indoor seating, an outdoor seating area, display cases, and coolers, plus an additional storage building.
    193 Fairview Ave, Chicopee, MA 01013
    View Details
  • New
    $675,000
    Mixed-Use Property with Apartments
    A convenience store, two residential units, and a separate commercial lot combine commercial and residential components.
    4 Dale Ct, Chicopee, MA 01013
    View Details
  • New
    Contact for pricing
    Air-Conditioned Storefront Property
    Compact commercial space with storage, shelving, and parking for customer-oriented operations.
    129 Church St # 131, Chicopee, MA 01020
    View Details

Similar Nearby for Lease

  • $19.50 SF/Yr
    5,300 sqft
    Retail Space in Busy Center
    Retail spaces available in well-maintained Chicopee shopping center.
    70-90 Main Street, Chicopee, MA 01020
    View Details
  • $1,600/Mo
    800 sqft
    Chicopee Falls Retail/Office Space
    Retail or office space for lease in Chicopee Falls.
    155 East St Unit 151, Chicopee, MA 01020
    View Details
  • New
    $950/Mo
    416 sqft
    Chicopee Retail Space For Rent
    416 sq ft commercial space in high-traffic Chicopee Falls.
    129 Church Street, Unit 131, Chicopee, MA 01020
    View Details
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