505-583 E Columbus Ave - Office FOR SALE


Springfield, MA 01105
$4,500,000 USD
413-781-0066
505-583 E Columbus Ave, Springfield, MA for Sale
$4,500,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

505-583 E Columbus Ave
Springfield, MA 01105


HIGHLIGHTS

  • Highway Visibility
  • Ample Parking
  • Heavy Traffic
  • Conveniently Located.

OVERVIEW

Colebrook is pleased to offer for sale a two (2) medical/office building complex with an ATM pad site. The property features approximately 35,219 SF of building area on 2.34 acres of land in a prime location with I 91 visibility and access. The property is fully leased and located in close proximity to the Naismith Memorial Basketball Hall of Fame and the new $900 million dollar MGM Casino. The property is situated on a large lot at the south end of Springfield’s downtown area. The asking price for the property is $4,500,000. The sale of the Property shall include the assignment of the Easement Agreement for the rear parking area.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

505 - 511 East Columbus Avenue

PROPERTY TYPE

Office

ADD'L SUBTYPES

Bank, Day Care Center, Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

147

LAND DETAILS

LAND ACRES

2.34 AC

LAND SF

101,930 SF

ZONING

IA

APN/PARCEL ID

SPRI-004303-000000-000605

ASK ABOUT THIS PROPERTY

John DillColebrook Realty Services, Inc.More Info
413-781-0066

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John DillColebrook Realty Services, Inc.More Info
413-781-0066

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.