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    Property profile & analytics
    OFF-MARKET
    Retail space

    760 Memorial Dr, Chicopee, MA 01020-5004

    876 SF 0.32 ac lot Built 1952
    Individually Owned 20-yr Hold
    Property ID
    US38-1120238
    Property summary
    AI-generated overview

    This exceptional turn-key business opportunity presents a well-established barber shop located at 760 Memorial Drive in Chicopee, Massachusetts. The property sits on a 0.32-acre lot in a high-traffic retail area, boasting an estimated daily traffic count of 60,000 vehicles. The 2020 complete remodel ensures a modern and clean operation, featuring seven stylist stations, ready for immediate use. All equipment and trade fixtures are included in the sale price of $650,000. The existing business is profitable and operational, providing a seamless transition for the new owner. This is a rare opportunity to acquire a thriving business with significant potential for growth in a prime retail location. The current owners are willing to provide limited transitional support to ensure a smooth handover to the new buyer. This is an ideal investment for an experienced entrepreneur seeking a profitable, established business with a strong track record. The property's location on Memorial Drive guarantees high visibility and consistent customer flow, making it an attractive proposition for any serious buyer. All serious offers will be considered.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1952
    Total area 876 SF
    Lot 0.32 ac (13,824 SF)
    Zoning code 7
    APN CHIC M:0425 P:00017
    UPID US38-1120238
    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
    • Headquarters Barber Shop
    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
    Carlos G Dias · 20 yrs held
    Carlos G Dias
    since 2006
    Last sale
    $500,000
    2 recorded transactions
    2014
    2006
    $180,000
    Zoning & alternative use
    7 · Chicopee, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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