Retail Property for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30100395
Property Subtypes: Free-Standing Building, Vehicle Related
Building Size (RSF): 11,764 SF
Gross Land Area: 34,535 SF
Sale Price: $449,000
Unit Price: $38.17 PSF
Ceiling: 14 ft.
Property Use Type: Vacant/Owner-User
Building Name: Brake King
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2017

Overview / Comments

11,764sf commercial building (50' x 211'), 1-story masonry & steel frame. Designed for automotive use & generally open and can be divided into units. Front display / office is about 1,400sf and there are two toilet facilities. Back section +/-5,000sf is rented on a month to month basis for $1,700 per month (gross) to ADR. They have expressed an interest in signing a lease.
Great location along busy traffic artery near city's CBD in Chicopee. Convenient to City Hall, library and medical center (adjacent property). Easy access to / from I-91 & I-391.
Mostly neighborhood retail, offices and municipal uses on Front Street with residential uses on side streets.

Attachments & Media

Additional Details

Nearest MSA: Springfield
County: Hampden
Tax ID/APN: CHIC-000080-000000-000016
Zoning: BUSINESS A
Retail Clientele: General
Property Visibility: Excellent
Feet of Frontage: 99
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1925
Roof Type: Flat
Construction/Siding: Concrete
Total Parking Spaces: 40
Parking Ratio: 3.5 (per 1000 SF)
Parking Type: Surface
Parking Description: Parking for +/-40 cars on the side and behind building (or 3.5 spaces per 1,000sf). There is also on-street parking in front to the building.
Heat Type: Natural Gas
Lot Frontage: 99
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,775 121,527 279,004
Median Age: 36.23 36.12 35.52
Households: 5,917 47,904 108,341

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