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732 Elm St 7,987 SF Vacant Retail Building West Springfield, MA 01089 $699,000 ($87.52/SF)
Investment Highlights
- Mixed-use, two residential units and music studio space
- Historic Property
- Move-in Ready, Restored and Renovated
Executive Summary
Rare opportunity to own an exceptional mixed-use property that seamlessly blends historic character w/modern upgrades! Landmark former church, extensively restored + thoughtfully renovated, offering both residential + commercial space in highly-visible central location. 2 beautifully remodeled 2-3 bedroom w/2 updated full baths each, high ceilings, hardwood floors, replacement windows, granite + cherry kitchens, laundry rooms. Recent exterior full restoration enhances the property’s architectural beauty. Original details have been carefully maintained preserving the building’s unique craftsmanship. Currently operating as established music recording studio, commercial space includes a gorgeous control room, impressive live room w/exceptional acoustics, several isolated rooms designed for recording + production, 1/2 bath. Radiant floor heat minimizes noise interference, AC in studio ensures year-round comfort. Plus - incredible storage space! Live + work under one roof, generate income!
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$14,943
|
$2.20
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$14,943
|
$2.20
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $14,943 |
| Annual Per SF | $2.20 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $14,943 |
| Annual Per SF | $2.20 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,987 SF
Building Class
C
Year Built
1800
Price
$699,000
Price Per SF
$87.52
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.08
Lot Size
0.17 AC
Zoning
RB
Parking
8 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
110’ on Elm Street
Amenities
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ghost Hit Recording
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ghost Hit Recording | Retailer | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WSPR-000102-000850-000040 | Total Assessment | $665,900 |
| Land Assessment | $112,400 | Annual Taxes | $14,943 ($1.87/SF) |
| Improvements Assessment | $553,500 | Tax Year | 2025 |
Property Taxes
Parcel Number
WSPR-000102-000850-000040
Land Assessment
$112,400
Improvements Assessment
$553,500
Total Assessment
$665,900
Annual Taxes
$14,943 ($1.87/SF)
Tax Year
2025
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Contact the Sale Advisor
732 Elm St