90 Berkshire Ave, Springfield, MA 01109-1709
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.
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Chiropractic Clinic West Alternative Medicine Practice
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Lebel Lynn R DC Alternative Medicine Practice
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Brian S. Dixon, DC Alternative Medicine Practice
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
SR1C1 · Springfield, MASpringfield. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.