81 Pt Grv Rd Southwick, MA 01077-9601
- Turn key restaurants
- 5,136 SF
- 1.70 lot acres
Current Use by Public Records
- The Launch / Caterer / Bakery
- Congamond Pizza Company / Caterer / Pizza Restaurant
- CPC Craft Meats and Smokehouse / Barbecue Restaurant
Property Details for 81 Pt Grv Rd
- Year built
- 1984
- Construction
- FRAME
- Lot size
- 1.70 lot acres
- Property size
- 5,136 SF
- Property type
- Turn key restaurants
- APN
- SWIC M:114 B:000 L:176
- APU
- SWICM114B000L176
Description
This exceptional 800-square-foot single-tenant bay, situated at 81 Point Grove Rd, Southwick, MA 01077, offers unparalleled waterfront convenience at Congamond Marina. The property is a versatile space suitable for a variety of uses, including marine-related businesses, storage, retail, or office space. The building is a single-story structure with one bay, providing ample room for operations or storage needs. The high ceilings, measuring 16 feet, allow for substantial vertical space, while a 10x10 overhead door ensures easy access for vehicles and equipment. A key advantage is the inclusion of heating, providing a comfortable and functional environment year-round. The property's location on Congamond Lake presents a unique opportunity for businesses seeking a high-visibility location with direct waterfront access. This single-tenant property is classified as Retail, Office, and Industrial, offering flexibility for a diverse range of potential occupants. The property's address is easily accessible, providing convenient access for customers and employees. This is a rare opportunity to acquire a versatile waterfront property in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,060,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $925,000
- 6.5%
- $1,030,000
- 7%
- $1,045,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,075,000
- Geo Method
- $1,095,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $985,000
- Retail
- $875,000
- Mixed-Use
- $825,000
- Hospitality
- $780,000
- Educational
- $780,000
- Residential Income
- $1,010,000
- Energy
- $990,000
- Income-Based Land
- $800,000
- Food Service
- $920,000
Location Insight
- Map
- Local Demand
- City
- Southwick
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.7589
- Latitude
- 42.0429
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA