530 Maple St Holyoke, MA 01040-3716
- Retail space
- 1,284 SF
- 0.24 lot acres
Current Use by Public Records
- Rebecca Lisi Campaign Headquarters / Government Office
Property Details for 530 Maple St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.24 lot acres
- Property size
- 1,284 SF
- Zone code
- BH
- Property type
- Retail space
- APN
- HOLY M:0009 B:0004 L:8
- APU
- HOLYM0009B0004L8
Description
This 0.24-acre property at 530 Maple Street in Holyoke, Massachusetts, presents a unique investment opportunity. Priced at $245,900, this industrial property boasts a 1300 square foot building previously utilized as an auto sales office and, more recently, a political office. Its strategic location at the intersection of Maple Street and the 391 off-ramp ensures high visibility and significant traffic flow, making it ideal for a variety of uses. The building itself requires some attention and updating, presenting a chance for a buyer to customize the space to their specific needs. The property offers ample parking on both sides of the building. The property is zoned for office, retail, or development, providing flexibility for potential buyers. The property's address is 530 Maple Street, Holyoke, MA 01040, located in Hampden County. This is a rare opportunity to acquire a well-situated property with high traffic exposure in a desirable location. The property is classified as both industrial and commercial, offering a versatile investment potential. The lot size is 0.24 acres. The building's previous uses highlight its adaptability and potential for future success.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $220,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $260,000
- Mixed-Use
- $190,000
- Hospitality
- $190,000
- Educational
- $200,000
- Residential Income
- $215,000
- Energy
- $195,000
- Income-Based Land
- $195,000
- Food Service
- $220,000
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6176
- Latitude
- 42.1978
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA