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Property profile & analytics
OFF-MARKET
Retail space

589 High St Holyoke, MA 01040-5253

5,400 SF 0.06 ac lot Built 1910
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US38-1816685
Property summary
AI-generated overview

This exceptional opportunity presents the chance to acquire a well-established package store located at 589 High Street in the vibrant city of Holyoke, Massachusetts. The business boasts a long and successful history, built on a loyal customer base and a prime location within the community. The current owner is retiring, making this a turnkey acquisition for a savvy investor seeking immediate income generation. The property itself sits on a 0.06-acre lot, providing ample space for the existing business operations. While the exact square footage of the building is not currently available, the property's size and established nature suggest a significant operational footprint. This is a rare chance to step into a profitable, pre-existing business with a proven track record. The asking price of $649,900 reflects the value of both the established business and its strategic location. This is an ideal investment for an entrepreneur looking to capitalize on a thriving market and a well-regarded business with a strong reputation. Serious inquiries are encouraged to explore this unique opportunity further. Financial details and operational information are available upon request, subject to a non-disclosure agreement. Don't miss this chance to own a piece of Holyoke's commercial landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction FRAME
Total area 5,400 SF
Lot 0.06 ac (2,701 SF)
Zoning code BC
APN HOLY M:0010 B:0004 L:4
UPID US38-1816685
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
  • Dillon's Package Store (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Janusz Lecko · 21 yrs held
Janusz Lecko
since 2004
2 recorded transactions
2004
$100,000
1999
$95,000
Zoning & alternative use
BC · Holyoke, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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