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102 Grove St
Chicopee, MA 01020
Retail Property For Sale
Investment Highlights
- 2017 Horton steel flex commercial building with durable steel interior walls and ceiling
- 720 SF addition with potential $1,000/month rental income or separate business space
- Divisible layout supports owner-user occupancy with additional tenant income potential
- Wet-use infrastructure with multiple water connections and large open workspace with center floor drain
- Drainage system already sized to support future building expansion without major site work
- Minutes to Chicopee Marketplace, Memorial Drive retail corridor, and I-90 / I-391 access
Executive Summary
Owner-user commercial opportunity featuring a 2,880 SF steel building constructed in 2017 with flexible layout suited for veterinary, grooming, daycare, wellness, service retail, restaurant, or light commercial uses. Includes a 720 SF addition completed approx. one year ago. Seller open to leasing back the addition at approx. $1,000/month (utilities included), providing optional immediate income. Property designed for wet-use operations with multiple water connections and center floor drain. Infrastructure sized for potential future expansion. Convenient access to I-90, I-91, I-291, and I-391 and minutes from Chicopee Marketplace retail corridor. Ideal for owner-operators seeking adaptable space with expansion potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,880 SF
Building Class
B
Year Built
2017
Price
$475,000
Price Per SF
$164.93
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
4 - Retail service zoning. Previously approved for animal-related use. Buyer to verify permitted uses including veterinary, restaurant, and service uses.
Parking
8 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
100’ on Grove Street
Amenities
- Fenced Lot
- Security System
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | CHIC-000147-000000-000005 | Improvements Assessment | $146,900 |
| Land Assessment | $93,100 | Total Assessment | $240,000 |
Property Taxes
Parcel Number
CHIC-000147-000000-000005
Land Assessment
$93,100
Improvements Assessment
$146,900
Total Assessment
$240,000
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