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In-PersonVirtual Tour
$ 1,150,000
Est. payment | /mo
0.64 Acres Lot
$ 1,150,000
Est. payment | /mo
0.64 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73508772
HOA Y/N false
Year Built 1925
Annual Tax Amount $34,620
Tax Year 2025
Lot Size 0.640 Acres
Acres 0.64
Property Description
Here is a rare opportunity to own a significant mixed-use property in the heart of Chicopee Center. This building features a portfolio of 13 units, including 4 residential apartments and 9 commercial spaces, offering a diverse and stable income stream. The property has a large, private parking lot and a major capital improvement was recently completed with a new roof in 2024, offering significant value for years to come. Strategically located near major highways I-91 and I-391 and public transportation, this prime location ensures high visibility for commercial tenants while offering an easy commute for residents. This property is a fantastic value-add opportunity; with three units currently vacant, the new owner has the immediate potential to lease them at market rates, increasing cash flow and return on investment. Don't miss out on this exceptional investment. Schedule your private tour today.
Location
State MA
County Hampden
Zoning CBD
Direction Exchange St and Center St., GPS or call Listing Agent
Others
Senior Community false
Listed by Signature Realty