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Property summary
Exceptional investment opportunity: a 11,578 square foot, two-story warehouse located at 85 Elm Street in West Springfield, Massachusetts. This free-standing commercial building sits on a 0.2-acre corner lot in the heart of the downtown area, offering high visibility and excellent foot traffic. The property boasts 25 deeded parking spaces, a significant advantage in this location. Constructed of stone and concrete, the building features a membrane roof and is serviced by public water and sewer. The building's prime location offers easy access to major highways and public transportation, placing it within the central business district and near City Hall, police and fire departments, schools, restaurants, banks, and national brand stores. Currently housing several long-term tenants, including a major credit union with recently remodeled first-floor space, this property presents a strong revenue-generating opportunity. The APN is M:00102 B:05300 L:00041. This income-producing asset is zoned for commercial use and represents a compelling addition to any investment portfolio or a solid foundation for a new one. Detailed financial statements are available upon request.
Property profile
VerifiedCap rate & NOI
Current use
-
Credit Union
Location
Value estimations
Owner & transaction history
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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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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