Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
107 · Chicopee, MAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 107 in Chicopee, MA.
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