This updated commercial building offers a prime investment opportunity, featuring a well-maintained convenience store with a secure 10-year lease at $2,200 per month. The property also includes two fully updated 2-bedroom, 1-bath apartments, offering modern amenities and comfortable living spaces. One of the apartments is currently rented at $1,600 per month, providing a steady rental income, while the other is vacant, presenting potential for additional rental income or owner occupancy.In addition to the commercial building, the property includes an adjacent 1/4-acre commercial lot, currently being used for parking. This lot opens up a variety of possibilities for expansion or redevelopment, with the buyer encouraged to check with the town for potential uses, offering flexibility for future plans. The property also includes off-street parking, enhancing convenience for tenants and customers alike.
MLS# | 73321994 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1965 |
Days On Site | 43 |
Listing Provided By | RE/MAX Connections - Belchertown | The Jackson & Nale Team |
Zoning | 106 |
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Acreage | 0.41 |
State | MA |
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County | Hampden |
City | Chicopee |
Zip Code | 01013 |
Area | Hampden |
Listing VS Median (in 01013) | |
Price: $690,000 low | high Med: $299,900 On Site: 43 low | high Med: 14.000000 |