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Liberty Tax Service 1979-1981 Memorial Dr 2,520 SF 100% Leased Retail Building Chicopee, MA 01020 $699,000 ($277.38/SF)



EXECUTIVE SUMMARY
Prime Value-Add Commercial Investment! Solid brick commercial property with two highly visible storefronts located on a major arterial road boasting an approximate 60,000 vehicles per day traffic count. One unit is leased, providing immediate cash flow, while the second storefront features an open floor plan, ideal for an owner-user or lease-up opportunity to increase NOI. Excellent street presence, strong signage potential, and easy access make this an attractive value-add investment. Ideal for investors seeking stable income with upside in a proven high-demand corridor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,520 SF
Building Class
C
Year Built
1966
Price
$699,000
Price Per SF
$277.38
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.35 AC
Zoning
Commericial
Parking
20 Spaces (7.94 Spaces per 1,000 SF Leased)
Frontage
82’ on Memorial Dr
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | CHIC-000759-000000-000021 | Improvements Assessment | $158,400 |
| Land Assessment | $207,000 | Total Assessment | $365,400 |
PROPERTY TAXES
Parcel Number
CHIC-000759-000000-000021
Land Assessment
$207,000
Improvements Assessment
$158,400
Total Assessment
$365,400
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Liberty Tax Service | 1979-1981 Memorial Dr
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