294 N Main St East Longmeadow, MA 01028
- Showrooms
- 23,109 SF
- 2.65 lot acres
Current Use by Public Records
- Dr. David J. Desilets, MD / Internist
- Haluch Matthew DDS / Dentist
- Ascent Dental Care / Dentist / Cosmetic Dentist
- Circosta Gary DDS / Dentist / Dental
- Meadows Health Center / Internist / Medical Clinic
Property Details for 294 N Main St
- Year built
- 1996
- Construction
- STEEL FRAME
- Lot size
- 2.65 lot acres
- Property size
- 23,109 SF
- Zone code
- COM
- Property type
- Showrooms
- APN
- ELON M:0014 B:0013 L:0000
- APU
- ELONM0014B0013L0000
Description
This exceptional two-story, Class B medical office building, totaling 23,109 square feet, is situated on 2.65 acres at 294 N Main St, East Longmeadow, MA 01028, near the town center on Route 83. Built in 1996 and renovated in 2004, the property features 8 suites, with 10,600 square feet currently vacant. Spaces range from 2,600 to 5,200 contiguous square feet, offering flexibility for various medical practices. The building boasts a 10-foot ceiling height, one elevator, and ample parking with 95 spaces. Its convenient location offers easy access to major highways, public transportation, and amenities. Less than a mile from Center Square and a third of a mile from Heritage Plaza, it's also a short 25-minute drive to Bradley International Airport. The property is zoned commercial and located in the Greater Springfield submarket. Annual property taxes are $1.80 per square foot. This prime location and versatile space make it an ideal opportunity for medical professionals seeking a well-established and accessible practice setting.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,930,000
- ML approach
- $2,900,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,900,000
- 6.5%
- $3,600,000
- 7%
- $3,345,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,020,000 Current use
- RESTAURANT
- $3,100,000 Change: +53% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,895,000 Change: +43% Conversion: Difficult
- OFFICE BUILDING
- $2,580,000 Change: +28% Conversion: Easy
- RETAIL STORES
- $2,350,000 Change: +16% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- East Longmeadow
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.5225
- Latitude
- 42.075
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
