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Executive Summary

Rare and expansive mixed-use opportunity in downtown Chicopee. This historic property includes a landmark theater at 43 Springfield, multiple active street-level retail spaces at 45–57 Springfield, and second-floor office suites accessed via 49 Springfield. Ideally located just steps from City Hall, with high visibility and easy access to major roads and public transit, this asset offers income across three strong streams: entertainment, retail, and office. A unique opportunity for investors, developers, or owner-users to secure a prime piece of Chicopee’s revitalizing urban core.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
27,292 SF
Building Class
B
Year Built
1935
Price
$1,250,000
Price Per SF
$45.80
Percent Leased
20%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
1.14
Lot Size
0.55 AC
Zoning
BA - Commercial
Frontage
150’ on Springfield St

Amenities

  • Bus Line
  • Corner Lot
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Santander Bank
Key Food
Rent-A-Center
LongHorn Steakhouse
Chili's Grill & Bar

Property Taxes

Property Taxes

Parcel Number
CHIC-000097-000000-000032
Land Assessment
$122,400
Improvements Assessment
$530,500
Total Assessment
$652,900
  • Listing ID: 37125680

  • Date on Market: 8/5/2025

  • Last Updated:

  • Address: 43-57 Springfield St, Chicopee, MA 01013

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