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733-759 Memorial Ave 11,200 SF 100% Leased Flex Building West Springfield, MA 01089 $1,999,900 ($178.56/SF)

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Executive Summary

A rare opportunity to purchase a well-maintained commercial building right in the heart of West Springfield. Located on Memorial Avenue, this building is conveniently located close to many area amenities such as highway access, other businesses and most importantly, is highly visible to street and foot traffic. Offering six units, two warehouses and four offices (one office with warehouse space), the versatility allows for any number of different businesses to lease to if any vacancies come up. The second building located in the rear of the property has two warehouse spaces that are finished, heated, and have bathrooms. One of the warehouses has a 100 sq. ft. office. Looking to invest and not sure where to start? Come take a look at this commercial property before its too late!

Property Facts

Price	$1,999,900	Rentable Building Area	11,200 SF
Price Per SF	$178.56	No. Stories	2
Sale Type	Investment or Owner User	Year Built	1952
Sale Condition	Bulk/Portfolio Sale	Parking Ratio	2.68/1,000 SF
Property Type	Flex	Clear Ceiling Height	12’
Property Subtype	Showroom General Retail Auto Repair General Retail Storefront Retail/Office Office Medical	No. Drive In / Grade-Level Doors	1
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.60 AC
Zoning	322 - Retail - Department Store

Price	$1,999,900
Price Per SF	$178.56
Sale Type	Investment or Owner User
Sale Condition	Bulk/Portfolio Sale
Property Type	Flex
Property Subtype	Showroom General Retail Auto Repair General Retail Storefront Retail/Office Office Medical
Building Class	C
Lot Size	0.60 AC
Rentable Building Area	11,200 SF
No. Stories	2
Year Built	1952
Parking Ratio	2.68/1,000 SF
Clear Ceiling Height	12’
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	322 - Retail - Department Store