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1201 WESTFIELD STREET (RT. 20)
WEST SPRINGFIELD, MA 01089 ·

2,774 SF · Special Purpose For Sale

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1201 WESTFIELD STREET (RT. 20)

Price N/A Property Use Type Vacant/Owner-User
Building Size 2,774 SF No. Stories 2
Property Type Special Purpose Year Built 1910
Property Sub-type Special Purpose (Other) Lot Size 37,364 SF
Listing ID: 14120541 Date Created: 02/08/2005 Last Updated: 03/26/2007

Description

SITE IS IMPROVED WITH A TWO STORY 2-FAMILY DWELLING. 4,900/SF OF THE SITE IS LEASED, AND LEASED PORTION OF THE LAND IS IMPROVED WITH 180' FLAGPOLE CELL TOWER. MOSTLY LEVEL AND AT STREET GRADE. SLOPES DOWN IN REAR. LAND LEASE: FIVE (5) YEAR LEASE 3/03 - 3/08 WITH FOUR 5-YEAR OPTIONS. MONTHLY RENT OF $1,200 THAT INCREASES EVERY YEAR BY 3% PLUS BONUSES FOR ADDITIONAL USERS. INCOME (2004) WAS $20,000 THAT INCLUDED BONUS.

SITE LOCATED IN COMMERCIAL AREA ON BUSY WESTFIELD STREET, (RT. 20). PROPERTY HAS EXCELLENT VISIBILITY FROM ROUTE 20, AND GOOD ACCESS TO INTERSTATES, SHOPPING, AND DOWNTOWN AREA.

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1201 WESTFIELD STREET (RT. 20), WEST SPRINGFIELD, MA 01089 (Hampden County)

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