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    FOR SALE
    Manufacturing properties

    382 Dwight St, Holyoke, MA 01040

    69,817 SF 0.81 ac lot Built 1934
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US38-1759790
    Property summary
    AI-generated overview

    This expansive mixed-use commercial property, located at 382 Dwight St in Holyoke, MA, presents a unique investment opportunity. Encompassing approximately 90,000 square feet of usable/developable space across four floors within interconnected buildings, this L-shaped property is being offered for sale "as is." The substantial footprint offers significant potential for redevelopment and repurposing. The property sits on a 0.81-acre lot and is ideally situated for various end-users, benefiting from its proximity to numerous businesses and recreational amenities. This property is eligible for Opportunity Zone incentives, making it particularly attractive to developers and investors seeking tax advantages. Seller financing is available, and inquiries from Foreign Trade Zone entities are welcomed. The property requires extensive rehabilitation, presenting a chance to create a significant commercial asset in a desirable location. A site tour is highly recommended to fully appreciate the scale and potential of this remarkable property. The asking price is $795,000.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1934
    Construction FRAME
    Total area 69,817 SF
    Lot 0.81 ac (35,284 SF)
    Zoning code IG
    APN HOLY M:0021 B:0001 L:5
    UPID US38-1759790
    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
    $740k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $740k
    Blend (final) Blend
    $1.16M
    Owner & transaction history
    Marjos LLC · 8 yrs held
    Marjos LLC
    since 2017
    2 recorded transactions
    2017
    $475,000
    2009
    $230,000
    Zoning & alternative use
    IG · Holyoke, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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