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    OFF-MARKET
    Commercial real estate

    378 Maple St, Holyoke, MA 01040

    18,345 SF 0.85 ac lot Built 1949
    Property ID
    US38-0722250
    Property summary
    AI-generated overview

    This exceptional 0.85-acre property in downtown Holyoke, Massachusetts, presents a unique redevelopment opportunity. Located at 378 Maple St, zip code 01040, this site encompasses an entire city block bordered by High St, Cabot St, Maple St, and Worcester Place, offering unparalleled visibility due to traffic signals at two corners. The existing 18,345 square foot, three-story building, constructed in 1949, features a versatile layout including two sanctuaries, offices, classrooms, large community rooms, a spacious kitchen, and an elevator. Currently zoned BC, this property is ideally suited for adaptive reuse as an educational facility, community center, or other commercial ventures. The substantial size and prime location make it an attractive investment for developers seeking to capitalize on the revitalization of downtown Holyoke. The property's existing infrastructure provides a solid foundation for a variety of projects, offering significant potential for return on investment. This is a rare chance to acquire a large, centrally located parcel in a growing urban area. The property includes one building with 18,345 square feet of net rentable space.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1949
    Total area 18,345 SF
    Lot 0.85 ac (37,026 SF)
    UPID US38-0722250
    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
    Current use
    Occupant on record · Public records
    • Congregation Sons of Zion Synagogue
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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