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Executive Summary
Highly Successful Business Opportunity awaits new owners. "Labontes + Son Towing" 100+ years of service, prime location on RT #20 in Palmer near the Wilbraham line with access to MA Pike. Two commercial buildings on site one as the towing company and the other currently a stone statue store. Three to four shop bays, natural gas, town sewer, well water, three separate meters and phase three, contracts with several surrounding towns, one bedroom apartment above the front retail space, multiple bathrooms on property. Rotary lift, tire machine, and air compressor will remain. Property includes both 233+241 Wilbraham Street.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,791 SF
Building Class
C
Year Built
1951
Price
$3,500,000
Price Per SF
$1,254.03
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.56 AC
Opportunity Zone
Yes
Zoning
HB
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | PALM-000005-000000-000034 | Improvements Assessment | $116,700 |
| Land Assessment | $111,100 | Total Assessment | $227,800 |
Property Taxes
Parcel Number
PALM-000005-000000-000034
Land Assessment
$111,100
Improvements Assessment
$116,700
Total Assessment
$227,800
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233 Wilbraham St
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