This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

165 Front St
Chicopee, MA 01013
Multifamily Property For Sale · 570 Units

INVESTMENT HIGHLIGHTS

  • Prime location in downtown Chicopee with excellent visibility from I-395.
  • Substantial financial incentives, including a 15-year Tax Increment Exemption (TIE) and various tax credits totaling approximately $34 million.
  • Robust market conditions in Springfield with a 2.4% vacancy rate and strong rental growth.
  • Entitlements secured for up to 600 residential units and 90,000 square feet of storage space.
  • Ready-to-launch Phase 1 with full construction plans ($1.5 million cost) and confirmed readiness for a building permit.

PROPERTY FACTS

No. Units 570
Property Type Multifamily
Property Subtype
Apartment
  • Industrial Warehouse
Apartment Style Mid-Rise
Building Class B
Lot Size 1.65 AC
Construction Status Proposed
Building Size 450,000 SF
No. Stories 5
Year Built 2027
Zoning 101

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
CHIC-000096-000000-000035
Land Assessment
$253,200
Improvements Assessment
$1,592,500
Total Assessment
$1,845,700
  • Listing ID: 34864386

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: 165 Front St, Chicopee, MA 01013

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}