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733 Chicopee St 4,468 SF Retail Building Chicopee, MA 01013 $395,000 ($88.41/SF)
Executive Summary
Fully Equipped Restaurant Space with Residential Income
Opportunity to own a mixed-use commercial property featuring an existing bar/restaurant build-out and an income-producing residential unit.
The first-floor bar/restaurant space (1,930 SF) is delivered vacant and offers an excellent opportunity for an owner/operator. The space conveys with existing kitchen equipment, hood system, bar setup, furniture, and fixtures. The full basement (814 SF) provides additional functionality with storage space, walk-in freezer, liquor room, and camera room.
The second-floor deleaded 2BR/1BA apartment (814 SF) is leased at $1,850/month, providing additional rental income.
Strategically located on a corner with strong visibility and convenient access to a state-owned parking lot offering free off-street parking for patrons and employees. A strong opportunity for an owner-user or investor seeking a commercial property with existing restaurant infrastructure and residential income.
Opportunity to own a mixed-use commercial property featuring an existing bar/restaurant build-out and an income-producing residential unit.
The first-floor bar/restaurant space (1,930 SF) is delivered vacant and offers an excellent opportunity for an owner/operator. The space conveys with existing kitchen equipment, hood system, bar setup, furniture, and fixtures. The full basement (814 SF) provides additional functionality with storage space, walk-in freezer, liquor room, and camera room.
The second-floor deleaded 2BR/1BA apartment (814 SF) is leased at $1,850/month, providing additional rental income.
Strategically located on a corner with strong visibility and convenient access to a state-owned parking lot offering free off-street parking for patrons and employees. A strong opportunity for an owner-user or investor seeking a commercial property with existing restaurant infrastructure and residential income.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,468 SF
Building Class
C
Year Built
1910
Price
$395,000
Price Per SF
$88.41
Tenancy
Single
Building Height
2 Stories
Building FAR
1.79
Lot Size
0.06 AC
Zoning
Business A
Parking
2 Spaces (0.45 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | CHIC-000556-000000-000008 | Improvements Assessment | $215,900 |
| Land Assessment | $66,900 | Total Assessment | $282,800 |
Property Taxes
Parcel Number
CHIC-000556-000000-000008
Land Assessment
$66,900
Improvements Assessment
$215,900
Total Assessment
$282,800
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733 Chicopee St
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