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Investment Highlights

  • 230,000 SF brick and beam building
  • Hydro Grant and Redevelopment Grants Available
  • Water Rights - Very Low Annual Cost, Deeded to Pull Water from Second Canal
  • Easy Access to Major Highways
  • Bounded on 2 sides by canals improved with new pedestrian walkways

Executive Summary

L&P Commercial is proud to offer a 230,000 square foot Mill Building for sale in Holyoke, Massachusetts. 195 Appleton Street offers easy access to several major highways and the property is located between two canals and the new pedestrian walkways. The property has deeded water right to pull water from the Second Canal. The property is adjacent to the Massachusetts Green High Performance Computing Center, the largest green computing center in the Northeast which supports the scientific, engineering and R&D innovation needs for Boston University, Harvard University, MIT, Northeastern University, University of Massachusetts all of which are in partnership with EMC and Cisco Systems. There are Hydro and Redevelopment Grants available for this property. Embrace timeless beauty: The Old Mill Building stands as a reminder of the past, with the potential to become a beacon of innovation for the future. Make your mark by transforming this captivating piece of history into a hub of contemporary excellence. Seller financing available!

Property Facts Under Contract

Sale Type Owner User
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Research & Development
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 3.66 AC
Rentable Building Area 230,000 SF
No. Stories 4
Year Built/Renovated 1889/1990
Tenancy Single
Parking Ratio 0.35/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 3
Opportunity Zone Yes
Zoning IG - Industrial

Amenities

  • Bus Line
  • Courtyard
  • Waterfront

Utilities

  • Water - Well
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
HOLY-000021-000001-000007
Land Assessment
$108,400
Improvements Assessment
$208,800
Total Assessment
$317,200
  • Listing ID: 20919740

  • Date on Market: 9/11/2020

  • Last Updated:

  • Address: 195 Appleton St, Holyoke, MA 01040

Contact the Sale Advisor

Potential For Hydro-Power | 195 Appleton St

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