903-909 Main St - Storefront Retail/Residential FOR SALE


West Springfield, MA 01089
$1,300,000 USD
413-374-7220
903-909 Main St, West Springfield, MA for Sale
$1,300,000 USD
Storefront Retail/Residential - FOR SALE
1/29
null | 9.31% Cap Rate

903-909 Main St
West Springfield, MA 01089


OVERVIEW

Rare Opportunity - Enhance your portfolio with this unique Mixed-use Prime property .This Cash Cow-consists of a ROOMING HOUSE w/ 27 ROOMS+ 2 long term anchors(10 yrs +) Retail market /Warehouse- leasing 5,000 sf~ and~A take- out restaurant.* Residential side -Tenants pay weekly- adding extra 4 Weeks to your profits. The retail spaces pay monthly & pay their own utilities. Seller pays water/sewer for tenants There is parking for the retail warehouse- + ADDITIONAL 10,900 sf lot across the street for tenants* 3- new electrical- circuit panels.. Property is serviced by Gas heat( 3 meters)1)for residential,-1)for rear warehouse 1)for store &kitchen--+ mini splits-Some mechanicals have been recently replaced-NEW roof on lower level, two New HVAC systems for the retail. There are*Monitored interior sprinklers- Prime location, w /visibilty &high traffic~minutes to plazas ,public transportation , amenities, shops, highways. Easy to rent- Seller will entertain creative financing.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

9.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

CROSS STREETS

Chapin

LAND ACRES

0.33 AC

LAND SF

14,505 SF

ZONING

mixed/BA

APN/PARCEL ID

WSPR-000362-004800-000018

ASK ABOUT THIS PROPERTY

Maria Von HollanderColdwell Banker RealtyMore Info
413-374-7220

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Maria Von HollanderColdwell Banker RealtyMore Info
413-374-7220

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