Property profile

749 James St Chicopee, MA 01020

OFF-MARKET
Turn key restaurants
Property ID
US38-1753215
3,379 SF 0.81 ac lot Built 1942
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1942
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,379 SF
Lot 0.81 ac (35,163 SF)
Zoning code 107
APN CHIC M:0655 P:00015
UPID US38-1753215

Cap rate & NOI

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

Location

749 James St Chicopee, MA 01020-3915
Chicopee metro Census 811302 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2025
Last sale
$325,000
7 recorded transactions
2025
$549,000
2023
$325,000
2023
$404,500
2012
Price N/A
2004
$1
2004
Price N/A
2004
$1

Zoning & alternative use

107 · Chicopee, MA

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
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