Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Medical Office Space

    90 Berkshire Ave, Springfield, MA 01109-1709

    4,620 SF 0.68 ac lot Built 1968
    Trust Owned 10-yr Hold Free & Clear
    Property ID
    US38-1496065
    Property summary
    AI-generated overview

    This exceptional owner-user opportunity presents a well-maintained, two-story medical office building situated on a spacious 29,712 square foot lot in Springfield, Massachusetts. The property, located at 90 Berkshire Ave, zip code 01109, boasts 4,818 square feet of net rentable space, currently configured as a chiropractic office since 1968. The upper level comprises six exam rooms, two bathrooms, a massage room, a sizable reception area with a file room, a small break room, and a private office. A significant upgrade includes a new 400-amp electrical panel installed in July 2024 for the upper level, supplementing the existing two separate electrical panels and meters serving both levels. The lower level offers an additional 2,343 square feet of finished space, including a full bathroom, a fully applianced kitchen, and a combined break room/dining area. Ample parking is available with paved space for approximately 25+ vehicles. The property benefits from convenient access to local amenities, major roadways, and highways. Heating is provided by natural gas with electric backup. The building is zoned Commercial A, offering flexibility for various medical or related uses. The asking price is $499,000, translating to $103.57 per square foot. Occupancy is available October 1, 2024. This is an ideal investment for a medical professional seeking a turnkey operation or an investor looking for a strong return in a desirable location.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1968
    Total area 4,620 SF
    Lot 0.68 ac (29,712 SF)
    Zoning code SR1C1
    APN SPRI S:01340 P:0020
    UPID US38-1496065
    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
    • Chiropractic Clinic West Alternative Medicine Practice
    • Lebel Lynn R DC Alternative Medicine Practice
    • Brian S. Dixon, DC Alternative Medicine Practice
    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
    Bjb Realty Trust · 10 yrs held
    Bjb Realty Trust
    since 2016
    Last sale
    $440,000
    4 recorded transactions
    2016
    2012
    $1
    2008
    $1
    2008
    Zoning & alternative use
    SR1C1 · Springfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 90 Berkshire Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message