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Property profile & analytics

749 James St Chicopee, MA 01020-3915

  • Turn key restaurants
  • 3,379 SF
  • 0.81 lot acres
OFF-MARKET
Value Estimation
$285,000
Last Sale
Mar 24, 2023
$325,000
Location Intelligence
Property ID
US38-1753215
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 749 James St

Year built
1942
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.81 lot acres
Property size
3,379 SF
Zone code
107
Property type
Turn key restaurants
APN
CHIC M:0655 P:00015
APU
CHICM0655P00015

Description

This exceptional commercial property, located at 749 James Street in Chicopee, Massachusetts, presents a unique investment opportunity. Priced at $549,999, this 1-unit retail space, built in 1942, is ideally suited for a restaurant operation. The property boasts a highly desirable location in Chicopee, offering easy access to major transportation routes and highways, ensuring high visibility and convenient access for customers. Ample parking is available, complemented by attractive landscaping, enhancing the overall appeal of the property. The interior is equipped with a professional kitchen, ready for immediate occupancy, minimizing start-up costs and maximizing operational efficiency. A distinctive landmark feature, a railroad car, adds significant character and recognition to this already appealing location. The surrounding area features a diverse mix of retail, dining, and professional services, creating a vibrant and thriving commercial environment. This property offers significant potential for growth and success within a well-established and bustling community. The zip code is 01020, and the property is situated in Hampden County. This is a rare opportunity to acquire a well-established and attractive commercial property in a prime location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $275,000
  • CAP approach

    CAP return
    Estimation
    6%
    $295,000
    6.5%
    $295,000
    7%
    $285,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $325,000
    Geo Method
    $315,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $265,000
    Retail
    $315,000
    Mixed-Use
    $335,000
    Hospitality
    $260,000
    Educational
    $315,000
    Residential Income
    $320,000
    Energy
    $340,000
    Income-Based Land
    $305,000
    Food Service
    $270,000

Location Insight

  • Map
  • Local Demand
City
Chicopee
County
Hampden
State
Massachusetts
Longitude
-72.5653
Latitude
42.1997
CBSA code
44140
CBSA name
SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,130
$176,800
$204,900
$381,700
-
$0.00
$0.00
$0.00
More about this property
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