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372 Pasco Rd 66,000 SF Industrial Building Springfield, MA 01119 $3,850,000 ($58.33/SF)

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INVESTMENT HIGHLIGHTS

  • 4+ Acre Industrial Site
  • Loading Docks
  • Multiple Buildings
  • Outdoor Storage
  • Overhead Dooors

EXECUTIVE SUMMARY

Region Commercial Real Estate is pleased to present on an exclusive basis this approximately 66,000 square foot industrial property located on the busy Pasco Road in Springfield, MA, near Boston Road/Route 20.
This highly versatile industrial property with multiple buildings and large outdoor yard area, is an excellent warehouse property in the greater Springfield marketplace. The building features ample loading and dock delivery access, overhead doors, as well as truck parking locations. Inside the property features office areas for employees and highly versatile warehouse space.
The building is occupied by a tenant with a short term lease agreement, making the property best suited for another user in need of industrial space for their business, or an investor with an eye towards re-leasing the property. If you are interested or would like to schedule a visit please contact our team.

PROPERTY FACTS

Price $3,850,000
Price Per SF $58.33
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Truck Terminal
Building Class B
Lot Size 4.32 AC
Rentable Building Area 66,000 SF
No. Stories 1
Year Built 1952
Tenancy Single
Parking Ratio 0.9/1,000 SF
Clear Ceiling Height 21’
No. Dock-High Doors/Loading 9
No. Drive In / Grade-Level Doors 5
Zoning IA - Industrial A

UTILITIES

  • Lighting - Fluorescent
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SPRI-009540-000000-000092
Land Assessment
$286,000
Improvements Assessment
$2,483,900
Total Assessment
$2,769,900
  • Listing ID: 32404072

  • Date on Market: 7/10/2024

  • Last Updated:

  • Address: 372 Pasco Rd, Springfield, MA 01119

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