Property profile

630 Dwight St Holyoke, MA 01040

FOR SALE
Gas stations
Property ID
US38-1231042
2,254 SF 0.34 ac lot Built 1964
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.34-acre property at 630 Dwight Street in Holyoke, MA, presents a unique redevelopment opportunity. Situated on a prominent corner lot directly across from the U.S. Post Office and Veterans Park, this former three-bay service station boasts high visibility and significant traffic counts. The large, paved lot features multiple curb cuts, ensuring convenient access. The existing masonry building, potentially divisible for leasehold income, offers versatile space. A new roof was installed in June 2023, and the drive-thru canopy remains in place. All underground tanks have been removed, leaving the property clean and ready for its next chapter. The property's location offers easy access to city amenities, surrounding communities, and major routes and highways. Its proximity to recent and planned redevelopment projects further enhances its investment potential. While suitable for a variety of uses including retail, offices, contractor/service companies, and automotive sales/repair, deeded use restrictions prohibit petroleum/fuel sales. The property is available immediately and presents a compelling opportunity for investors and developers seeking a prime location in a revitalizing downtown area. The substantial lot size and existing building structure provide a solid foundation for a range of commercial ventures.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1964
Construction STEEL FRAME
Total area 2,254 SF
Lot 0.34 ac (14,641 SF)
Zoning code BC
APN HOLY M:0012 B:0006 L:9
UPID US38-1231042

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

630 Dwight St Holyoke, MA 01040
Holyoke metro Census 811700 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

Zoning & alternative use

BC · Holyoke, MA
Zoning description

BC - - - 80 - - - - - - - BG 10,000 Same as that of nearest residential district. 100 100 20 25 10 20 2 35 50 BH 10,000 - 100 100 30 25 10 10 2 35 7 50 BE 10,000 - 100 100 10 5 10 10 4 50 90 IG 10,000 - 100 100 - - - - 4…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message