733-759 Memorial Ave 11,200 SF 38% Leased Flex Building West Springfield, MA 01089 $2,766,482 CAD ($247.01 CAD/SF)

EXECUTIVE SUMMARY

A rare opportunity to purchase a well-maintained commercial building right in the heart of West Springfield. Located on Memorial Avenue, this building is conveniently located close to many area amenities such as highway access, other businesses and most importantly, is highly visible to street and foot traffic. Offering six units, two warehouses and four offices (one office with warehouse space), the versatility allows for any number of different businesses to lease to if any vacancies come up. The second building located in the rear of the property has two warehouse spaces that are finished, heated, and have bathrooms. One of the warehouses has a 100 sq. ft. office. Looking to invest and not sure where to start? Come take a look at this commercial property before its too late!

PROPERTY FACTS

Price $2,766,482 CAD
Price Per SF $247.01 CAD
Sale Type Investment or Owner User
Sale Condition Bulk/Portfolio Sale
Property Type Flex
Property Subtype
Light Manufacturing
  • General Retail Auto Repair
  • General Retail Storefront Retail/Office
  • Office Medical
Building Class C
Lot Size 0.60 AC
Rentable Building Area 11,200 SF
No. Stories 2
Year Built 1952
Parking Ratio 2.68/1,000 SF
Clear Ceiling Height 12’
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning 322 - Retail - Department Store

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Signage
  • Storage Space
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 733
  • 750-1,500 SF
  • Office
  • Partial Build-Out
  • Now

Up for rent is approximately 1,500 square feet of commercial space. It is a prime location on the very busy Memorial Avenue in West Springfield. It is roughly a mile from highway I-91, and conveniently close to highway I-90 (Mass Pike) and Route 57.Currently the space is used as office space. However it has the potential for a variety of commercial uses such as Retail Shopping, Medical, Beauty, etc. The unit has your own private entrance from outside. There are 2 bathrooms and currently it is divided into a series of rooms and offices (conference room and four private offices). The HVAC was recently updated for heating and cooling. Other updates included carpets, drop-ceiling, a fresh coat of paint and refreshed bathrooms. There is also the ability to divide the space into 2 smaller spaces, each with their own private entrance from outside. And each would have their own separate bathroom. Please reach out for more details on this scenario.

Space Size Space Use Condition Available
1st Fl-Ste 733 750-1,500 SF Office Partial Build-Out Now

1st Fl-Ste 733

Size
750-1,500 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

PROPERTY TAXES

  • Listing ID: 32248808

  • Date on Market: 2024-06-25

  • Last Updated:

  • Address: 733-759 Memorial Ave, West Springfield, MA 01089