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92 Memorial Ave 11,747 SF Retail Building West Springfield, MA 01089 $1,200,000 ($102.15/SF)
Investment Highlights
- Unique Repositioning Offering at the Gateway of West Springfield & Springfield, an Entertainment District, Home to the Big E
- 11,747 SF Existing, 1 Story Brick Building with High Ceilings
- Across from Century Center, a Prominent Grocery Anchored Center
- 0.32 Acre Endcap Parcel Situated at the Rotary to the Memorial Bridge (21,000 VPD) and the On & Off Ramps to US Route 5 (33,000 VPD)
- Approximately 70’ of Frontage on Memorial Ave and 200’ of Frontage on US Route 5
- 1 Mile West of the Big E Fairgrounds, a Massive Annual Fair Representing all New England States with 1.6 Million Annual Visitors
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,747 SF
Building Class
C
Year Built
1930
Price
$1,200,000
Price Per SF
$102.15
Tenancy
Single
Building Height
1 Story
Building FAR
0.84
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
Commercial - 322 - Retail - Department Store
Parking
19 Spaces (1.62 Spaces per 1,000 SF Leased)
Frontage
71’ on Massachusetts 147
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WSPR-000371-014000-000016A | Improvements Assessment | $595,800 |
| Land Assessment | $193,900 | Total Assessment | $789,700 |
Property Taxes
Parcel Number
WSPR-000371-014000-000016A
Land Assessment
$193,900
Improvements Assessment
$595,800
Total Assessment
$789,700
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92 Memorial Ave
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