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Property profile & analytics
FOR SALE
Retail space

915 Main St Holyoke, MA 01040

2,520 SF 0.69 ac lot Built 1955
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US38-0056472
Property summary
AI-generated overview

This exceptional investment opportunity presents a free-standing commercial building in Holyoke, MA, situated on a 1.49-acre lot at 915 Main Street. The property boasts approximately 2,520 square feet, divided into two thriving retail units. One unit is a well-established convenience store generating impressive sales. The store's annual revenue exceeds $500,000, with a net profit exceeding $85,000, plus an additional $50,000 in lottery sales. It holds a beer and wine license, a limited seasonal liquor license, and includes all existing equipment (coolers, freezers, display racks) in the sale, offering a true turnkey operation. The second unit is a thriving fried restaurant operating under a recently signed five-year lease at $1,200 per month. The property features a large paved parking lot accommodating 40+ vehicles, a portion of which is currently leased to an adjacent business for $500 per month, generating additional passive income. Benefitting from a high-traffic location near Al Marcotte Ford, and within 0.5 miles of both Riverdale Street (Route 5) and Interstate 391, this property offers unparalleled visibility and accessibility. The asking price for this lucrative investment is $750,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction STEEL FRAME
Total area 2,520 SF
Lot 0.69 ac (30,265 SF)
Zoning code BH
APN HOLY M:0086 B:0000 L:15
UPID US38-0056472
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
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Sarabsons INC · 14 yrs held
Sarabsons INC
since 2012
4 recorded transactions
2012
$342,000
2012
Price N/A
2007
$1
1987
Price N/A
Zoning & alternative use
BH · Holyoke, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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