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425 Union St
West Springfield, MA 01089

Office Center · Office Property For Sale

Office Space Massachusetts West Springfield 425 Union St, West Springfield, MA 01089

Investment Highlights

  • Close Proximity to Major Highways
  • Excellent Occupancy

Executive Summary

Excellent Opportunity to acquire a multi-tenant office building in the heart of West Springfield. Conveniently located in close proximity to major highways I-90, I-91, I-291, I-391. NDA required for financials.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
41,177 SF
Building Class
B
Year Built/Renovated
1910/2004
Price
$3,555,214 CAD
Price Per SF
$86 CAD
Cap Rate
8.76%
NOI
$311,281 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
10,250 SF
Building FAR
1.15
Lot Size
0.82 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
RC
Parking
60 Spaces (3.5 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Property Manager on Site

PROPERTY TAXES

Parcel Number WSPR-000189-012000-000024 Improvements Assessment $3,409,408 CAD
Land Assessment $156,666 CAD Total Assessment $3,566,074 CAD

PROPERTY TAXES

Parcel Number
WSPR-000189-012000-000024
Land Assessment
$156,666 CAD
Improvements Assessment
$3,409,408 CAD
Total Assessment
$3,566,074 CAD
 

  • Listing ID: 31084266

  • Date on Market: 2024-02-29

  • Last Updated:

  • Address: 425 Union St, West Springfield, MA 01089

The Office Property at 425 Union St, West Springfield, MA 01089 is currently available for sale. Contact Berkshire Hathaway New England Properties for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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