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$ 2,995,000
Est. payment | /mo
8,712 Sqft Lot
$ 2,995,000
Est. payment | /mo
8,712 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73581527
HOA Y/N false
Year Built 1890
Annual Tax Amount $42,159
Tax Year 2026
Lot Size 8,712 Sqft
Acres 0.2
Property Description
8.7% CAP RATE | LONG-TERM RESTAURANT LEASE | 6 RENTED APARTMENTS 13 Center St & 50 Springfield St, Chicopee MA Turnkey, cash-flowing investment with diversified commercial and residential income. Investment Highlights: • 8.7% cap rate • Staple restaurant with approximately 10 years remaining on lease • 6-family property — all units currently rented • 4 of 6 residential units turned over • Newer roof & mechanical systems • Established commercial and residential income. A stabilized, income-producing asset with long-term commercial tenancy and fully occupied residential units.
Location
State MA
County Hampden
Zoning 101
Direction GPS
Others
Senior Community false
Listed by SR Commercial Realty
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