Industrial Space with Rail Spur Access 26 Sears Way 152,933 SF Industrial Building West Springfield, MA 01089 $8,500,000 ($55.58/SF)




INVESTMENT HIGHLIGHTS
- Location, Railroad access, Angled Docks, Large Drive-in.
- High ceilings, shipping receiving area, 3 separate office and restroom spaces.
EXECUTIVE SUMMARY
https://my.matterport.com/show/?m=mqQWZfJau9v
Located on CSX rail/Railroad Access. Rail Spur: 321' on w/s of building with 4 doors.
ROOF IS AN ASSET. WHILE IT HAS 5 YEARS REMAINING, IT IS POSSIBLE TO GET ROOF SOLAR LEASE FOR SUSBTANTIAL LEASE AMOUNTS THAT NOT ONLY PAYS FOR NEW ROOF, BUT HAS SUBSTANTIAL ADDITIONAL INCOME /YEAR FOR NEXT 20 YEARS. ASK FOR MORE INFORMATION.
OUTSTANDING LOCATION. Close to Highways, Businesses, Downtown. 1 mile from I-91 and Rt-5
15 Dock Doors, 2 Drive in doors. Some docks not in use but could be activated. Current Lessee only uses the four angled docks. Four to six docks have levelers.
24’ column spacing.
Ceiling height varies from 18-24ft average being 20-21ft (Buyer/Tenant to verify), Masonry/Steel Building.
Whole building priced at $55/Sq.Ft. below comp value of sold buildings in the area
~129,144sqft warehouse 1st floor, ~6,369sqft office leading to ~135,513sqft on first floor, priced at $5.5/SF.
SUB_DIVIDABLE into ~64,500SF and ~71,000SF sections on 1st floor, priced @ $6/SF NNN
~17,420sqft 2nd Floor space (in 2 spaces of 15,680SF office/storage and 1,740SF Mezzanine space) to be included; will be priced at a lower price.
Upgrades done in past: Added 4 Angled docks. New Roof in 2007, RUL till 2032. Upgraded Electric Service 600A 3-phase. High efficiency gas-fired roof mounted (Cambridge Units) units installed 2005/2006. Security: Full monitored alarm system for fire, smoke, and burglar. Restrooms: 3 sets (2 in warehouse area / 1 set in 1st floor office / 1 set in 2nd floor office area).
PROPERTY FACTS
Price | $8,500,000 |
Price Per SF | $55.58 |
Sale Type | Investment or Owner User |
Property Type | Industrial |
Property Subtype | Distribution |
Building Class | B |
Lot Size | 3.77 AC |
Rentable Building Area | 152,933 SF |
No. Stories | 1 |
Year Built/Renovated | 1952/2007 |
Tenancy | Single |
Parking Ratio | 0.13/1,000 SF |
Clear Ceiling Height | 24’ |
No. Dock-High Doors/Loading | 15 |
No. Drive In / Grade-Level Doors | 2 |
Opportunity Zone |
Yes |
Zoning | C |
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Manufacturing
- -
- -
-
Lorem Ipsum
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Jan 0000
Neenah, a Mativ brand (NYSE: MATV), is a market-leading manufacturer of premium packaging and specialty paper products. A trusted partner for 150 years, Neenah delivers exceptional service while providing creative, customized, and value-added solutions to its customers, bringing visions to life and transforming ideas into results.
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Manufacturing | - | - | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Located on CSX rail/Railroad Access to property. 15 Dock Doors; 4 at an angle for easier access, 2 Drive in doors. 24’ column spacing. Outstanding location. Close to Highways, Businesses, Downtown. 1 mile from I-91 and Rt-5 New Roof in 2007. Upgraded Electric Service 600A 3-phase. Ceiling height varies from 19-24ft average being 21ft (Buyer to verify), Masonry/Steel Building 129,144sqft warehouse 1st floor, 6369sqft office leading to 135,514sqft on first floor. Ground floor of 135,514sqft at $5.5/sq.ft 21685 sqft mezzanine space that is partially unfinished; has to be included with main space. will be priced at a nominal price of $2.5/sqft. TI dollars can be given to additionally improve that space with higher rent. NNN's are low (Taxes ~$120,000, Insurance ~$33,000, Repairs and Maintenance $30,000), All Utilities to be in name of tenant.
Space | Size | Space Use | Condition | Available |
Ground | 135,513 SF | Industrial | Full Build-Out | Aug 2025 |
Mezzanine | 17,420 SF | Industrial | - | Sep 2025 |
Ground
Size |
135,513 SF |
Space Use |
Industrial |
Condition |
Full Build-Out |
Available |
Aug 2025 |
Mezzanine
Size |
17,420 SF |
Space Use |
Industrial |
Condition |
- |
Available |
Sep 2025 |
PROPERTY TAXES
Parcel Number | WSPR-000471-002950-000005 | Improvements Assessment | $3,165,500 |
Land Assessment | $249,600 | Total Assessment | $3,415,100 |