DEVELOPMENT OPPORTUNITY FOR SALE

Retail-Commercial for Sale
Catylist Listing ID: 28727891
Building Size (RSF): 36,000 SF
Gross Building Area: See Agent
Gross Land Area: 15.74 Acres
Sale Price: $215,900
Unit Price: $6 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/24/2017

Overview / Comments

Property is improved with two 1 & 2 1/2 story old mill building (post and beam construction) containing a total of about 17,000/sf and 19.000/sf in the two main buildings, which were built in stages, i.e. 1880, 1950 and 1966; and one-story brick building. There are also three one-story wood frame sheds. The two main buildings are heated by oil-fired boilers w/above ground 10,000 gallon storage tank, the offices have central A/C. The buildings have dry sprinkler system with a working elevator & floors are designed for heavy loads. Electric service includes 200 to 480 amps protected w/circuit breakers and 3 phase service in the garage. There are six bathrooms thru out, 4 half and 2 full bathrooms.

Great location to develop / use for group recreational activites / fraternal / retreat, sporting club / non-profit organizations, et. Destination or specialty retail, i.e., bed and breakfast, restaurants, etc. - use your imagination!

Property has a lot of old world charm situated in the hills of Western Mass at the foot of the Berkshires nestled along the Westfield River. There is a heavy load bearing steel bridge over the Westerfield River that connects the front portion of land to wide open area that could be developed for recreational uses or other type of uses.

Attachments & Media

Additional Details

Nearest MSA: Springfield
County: Hampden
Tax ID/APN: 059/201.0-0000-0069.0
Zoning: INDUSTRIAL
Total Number of Buildings: 2
Number of Stories: 2
Parking Type: Surface
Heat Type: Oil
Lot Frontage: 950

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,337 2,045
Median Age: 44.97 46.41
Households: 543 841

Source

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