Chicopee, MA
Commercial Real Estate Market Trends & Data

$115 Avg asking sale price
$726 Avg asking lease rate
25,619 SF Avg unit lease size
28,709 SF Avg building size for sale
11.68% Average cap rate

Chicopee's Demographic Profile

Chicopee has 23,279 households and a median income of $58,192, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 53,673
# Households 23,279
Median age 41
Median household income $58,192
Avg household size 2.0
Renter-occupied housing units 10,051
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Chicopee, MA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Springfield $123 13,084 SF 8.42%
West Springfield $111 15,549 SF 7.18%
Holyoke $204 16,062 SF 7.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Chicopee $80 53,023 SF 20.00%
Springfield $93 39,729 SF 7.18%
West Springfield $109 46,017 SF 7.18%
Holyoke $118 41,054 SF 20.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Chicopee $98 14,847 SF
Indian Orchard $155 14,363 SF
Springfield $201 22,636 SF
West Springfield $130 13,927 SF
Holyoke $132 12,039 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Springfield $66 4,257 SF 13.30%
West Springfield $66 6,026 SF 13.30%
Holyoke $145 33,576 SF 10.00%
South Hadley $192 9,465 SF 10.00%
Granby $224 5,670 SF 10.00%

Commercial Properties For Sale in Chicopee

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

732 Elm St

West Springfield, MA 01089

  • 7,987 SF Retail Building
  • $699,000
For Sale

156-162 High St

Holyoke, MA 01040

  • 14,576 SF Retail Building
  • $279,900
For Sale

445-447 High St

Holyoke, MA 01040

  • 10,660 SF Retail Building
  • $279,900
For Sale

Multi-Family Development Opportunity

Holyoke, MA 01040

  • 7.11 AC Lot
  • 1 Residential Income Lot
  • $1,750,000
For Sale

2024 Westover Rd

Chicopee, MA 01022

  • 22,557 SF Industrial Building
  • $5,300,000
For Sale

1 Bigelow St

Holyoke, MA 01040

  • 107,000 SF Industrial Building
  • $900,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Chicopee pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Chicopee $115 28,709 SF
Indian Orchard $136 20,615 SF
Springfield $137 24,017 SF
West Springfield $107 22,932 SF
Holyoke $138 24,803 SF

Regional Demographic Comparison

This comparison places Chicopee alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Chicopee or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Chicopee 53,673 23,279 41 $58,192 2 10,051 -2%
Indian Orchard 8,913 3,402 35 $48,421 3 1,967 -2%
Springfield 152,138 57,402 35 $44,475 3 30,213 -2%
West Springfield 27,986 11,909 41 $64,237 2 5,041 -2%
Holyoke 38,171 15,480 39 $45,670 2 9,403 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Chicopee, MA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Chicopee

View All Commercial Real Estate For Sale in Chicopee
Is Chicopee a good market for a first-time commercial real estate investor?

Chicopee offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Chicopee?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Chicopee. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Chicopee?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Chicopee. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Chicopee compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Chicopee. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Chicopee acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Chicopee, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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