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Pine Point Shops 16-24 Arnold Ave 6,400 SF 38% Leased Retail Building Springfield, MA 01119 $979,000 ($152.97/SF)
Investment Highlights
- Corner lot on rt 20 and Arnold st
- truss constuction eazy expantion and rework space.
- Needs new owner to manage property
Executive Summary
Retail Strip Center now for sale property needs a manager owner all leases are almost up broker trying to compile all expenses owners are retiring want to move on. Additional abutting land is being marketed by another brokerage come see the opportunity for additional parking and potential to develop more space.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,400 SF
Building Class
C
Year Built
1988
Price
$979,000
Price Per SF
$152.97
Percent Leased
38%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.44 AC
Zoning
B1 - Business Zoned - B-1
Frontage
300’ on Boston Rd and Arnold Ave
Amenities
- Corner Lot
- Signage
- Wheelchair Accessible
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
800 WAS A NAIL SALON 1200 SQ FT IS CONTIGUOUS AND IS AN END CAP IT WILL BE AVAILABLE SOON
| Space | Size | Space Use | Position | Available |
| 1st Floor | 800-2,000 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 800-2,000 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size | 800-2,000 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
800 WAS A NAIL SALON 1200 SQ FT IS CONTIGUOUS AND IS AN END CAP IT WILL BE AVAILABLE SOON
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | SPRI-000650-000000-000003 | Improvements Assessment | $463,000 |
| Land Assessment | $173,600 | Total Assessment | $636,600 |
Property Taxes
Parcel Number
SPRI-000650-000000-000003
Land Assessment
$173,600
Improvements Assessment
$463,000
Total Assessment
$636,600
1 of 3
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Pine Point Shops | 16-24 Arnold Ave
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