Commercial Properties

MLS Number 72266808

• Commercial
• Year Built 1962

"What makes a river so restful to people is that it doesn't have any doubt - it is sure to get where it is going, and it doesn't want to go anywhere else." Have you dreamed of owning your own little piece of the Pioneer Valley. Located in the Historic Village of Hockanum, situated on the Connecticut River, is where you will find this long time staple of the boating community. Established in 1962, it is the only local Marina to offer an onsite riverside campground. The property offers 65-70 dock slips, bathrooms and a snack bar. Parking for 100 launches with an additional 50 guest spots. All of this spanning over a thousand feet of river frontage situated on 6.7 acres. Breathtaking views of the river, the Mt. Holyoke Range, Skinner State park and of course Mitch's Island! The 19 site campground is the center of summertime here! All campsites and docks have been continuously rented out year after year. Looking to own this lifestyle, here is your once in a lifetime chance!

Listed by Joni Fleming of ERA M Connie Laplante

MLS Number 72361206

• Commercial 5+ Residential
• Year Built 1900

RARE BRASS RING, Assemblage of Multi Family Investment Property with one entrepreneur. Consisting of 33 Locations and 64 Total Units, 7-SFR, 22-Two Family, 3-Three Family & 1-Four-Family. 100% Occupied & deleaded all within a few mile radius of MGM Casino & each other. Gross Operating Income=$690,864, Expenses=$275,836, Net Operating Income=$415,028, Projected Annual Debt Service=$238,740, Cash Flow Before Taxes=$176,288, Debt Coverage Ratio=1.74, CAP Rate=10%, Cash on Cash Return=21.25%. Seller's goal is to own non-residential commercial real estate and would consider accepting trade for all or part of this residential property assemblage. Realtor.com Estimated Value $4,220,600. City Assessed Value $3,921,900. MLS average price per sq. ft of SOLD property=$4,478,160 value. MLS Avg. Sale$: $151,334 x 33 =$4,994,022 value. What this indicates is purchasing this package a 10% CAP Rate leaves meat on the bone. $64,839 per unit average is a steal on the Single Families.

Listed by Mark DiFranco of DiFranco Realty

MLS Number 72365412

• Commercial
• Year Built 1959

PRIME COMMERCIAL LOCATION ! High Visibility and adjacent to Interstate 91 - over 20,000 vehicles pass this property per day and sit at the stop light directly in front of it ! Easy access to I91, King Street (Route 5), Route 9 and downtown Northampton. Both buildings are currently leased. Auto Body building is approximately 6,000 sq. ft. of office space and 11,028 sq. ft. of repair area. The other building, 48 Damon Road, is 1,750 sq. ft. of office space plus 6,350 sq. ft. of garage and storage areas. Property consists of two lots, the Auto Body has approximately 1.66 acres with 212.9 feet of frontage and the other lot is approximately .55 acres with 221.46 feet of frontage. Tenants equipment and/or property, whether attached to the building or not, is not included in sale.

Listed by Deborah Cahillane of Jones Group REALTORS®

MLS Number 72408082

• Commercial 5+ Residential
• Year Built 1900

Package includes 9 buildings with a total of 30 units. 4 Chapman Ct., 5 Chapman CT, 6 Chapman Ct., 8-10 Chapman Ct., 88 Chapman St., 92 Chapman St., 100 Chapman St., 85 School St., 91 School St. Lead Certificates on units in file at office.

Listed by Mark Abramson of Cohn & Company

MLS Number 72360360

• Commercial 5+ Residential
• Year Built 1950

UNIQUE Multi Family Assemblage of 11 Properties, 39 Units.The package consists of 4 - Single Family properties, 5 - Two Family properties, 1 - Three Family property and a 22 Unit Multi Family property on 334 Boston Rd (Crown Jewell). Value = $2,093,000 Potential Income = $356,900 Vacancy & Credit Loss = ($17,000} The Gross Operating Income = $339,900 Expenses = $117,227. Expenses are 35% of GOI which seems to be below market average, but because rents are above market average Expenses are in line. Net Operating Income = $222,673 Proposed Annual Debt Service = $116,656 ($1,650,000, 5.25% Interest, 25 Year Amortization) Cash Flow Before Taxes = $104,017 Debt Coverage Ratio = 1.88. Banks like to see 1.25 DCR. CAP Rate = 10.64% Loan to Value = 78.83% Cash on Cash Return = 23.48%

Listed by Mark DiFranco of DiFranco Realty

MLS Number 72413354

• Commercial Office
• Year Built 1986

Investors and owner-occupants take note! Beautifully maintained and upgraded 21,000 square foot office building located in the Northampton Industrial Park on almost 2.5 acres. This turnkey property has 5 units but could be subdivided for more (or less). Large parking lot with 80 spaces and great proximity to Rt.'s 91, 9, 5, and 10. New high-efficiency furnace in 2016, roof 2013, replaced AC compressors and the list goes on! There are many handicap features, including parking, ramp, and bathrooms. Great cashflow potential!

Listed by The Young Jasinski Team and Joseph Bialek of Delap Real Estate LLC

MLS Number 72355907

• Commercial
• Year Built 1929

PROPERTY OVERVIEW: This corner lot , 1 storefront/restaurant building has a total of (2945.) of retail space. The total lot size is .08 acres (3372sqft.) with a two parcel lot in the rear of the build with a combined lot size of .14 acres (6,231sqft.) paved off street parking for up to 20+ vehicles. The property is directly adjacent to MGM SPRINGFIELD and the Famous Red Rose Pizzeria. Located on the corner of Main Street and Wilcox Street.... LOCATION OVERVIEW: Conveniently located in the newly revitalized casino district of downtown Springfield, some of the amenities include the Basketball Hall of Fame, The Mass Mutual Center, a four star hotel, restaurants, bowling and golfing suites just to name a few of the new attractions coming to this highly sought after area of Western Massachusetts.... This Property along with the two rear parking lots INCLUDES (MLS# 72355900) sold as a package.

Listed by Jason L. Smith and Robert Donais of Gallagher Real Estate

MLS Number 72355900

• Commercial
• Year Built 1929

PROPERTY OVERVIEW: This corner lot, two storefront building has a total of (2,020sft.) of retail space. The total lot size is .09 acres (4,769sqft.) with a two parcel lot in the rear of the build with a combined lot size of .14 acres (6,231sqft.) paved off street parking for up to 20+ vehicles. The property is directly adjacent to MGM SPRINGFIELD and the Red Rose Pizzeria. Located on the corner of Main Street and Wilcox Street.... LOCATION OVERVIEW: Conveniently located in the newly revitalized casino district of downtown Springfield, some of the amenities include the Basketball Hall of Fame, The Mass Mutual Center, a four star hotel, restaurants, bowling and golfing suites just to name a few of the new attractions coming to this highly sought after area of Western Massachusetts.... This Property along with the two rear parking lots INCLUDES (MLS# 72355900) sold as a package.

Listed by Jason L. Smith and Robert Donais of Gallagher Real Estate

MLS Number 72334105

• Commercial 5+ Residential
• Year Built 1905

Unique opportunity to own a city block in downtown Chicopee Four separate stand alone buildings make for a unique investment opportunity. Each building features spacious, well lit, and impeccably maintained units with beautiful hardwood floors, fresh clean paint, and tasteful wooden trim accents. The site location is excellent. Conveniently placed in the heart of town, the property abuts the scenic canal walk from Chicopee center to Chicopee falls. There are a total of 22 units in the complex, and all but four have been completely remodeled by the current owner, with much care and attention paid to bring the units to the marketable condition they are in now. As the new owner, capitalize on the current high rental market values and enjoy the profits! PLEASE SEE ATTACHMENT FOR PROPERTy WITH PROFIT AND LOSS STATEMENT.

Listed by Lisa Darragh and Scott Rebmann of Maple and Main Realty, LLC

MLS Number 72274628

• Commercial
• Year Built 1971

The 1.55 acre site is improved with a metal building divided into two sections. The first section is 11400 SqFt and now used for a motor sports dealership. The second section is 3800 SqFt and set up as professional office space. A third metal structure on the sight is a 1440 SqFt warehouse used for storage by the motor sports dealership. The property has access to both North King Street and Hatfield Street

Listed by David A Murphy of The Murphys REALTORS®, Inc.

MLS Number 72355896

• Commercial
• Year Built 1958

PROPERTY OVERVIEW: Free standing 12,855sqft lot, 5,000 (approx.) building currently being operated as a restaurant. The building was completely rebuilt (2013). On .16 acre lot directly adjacent to MGM SPRINGFIELD and the Famous Red Rose Pizzeria. Located on the corner of Main Street and Peabody Lane at a four way traffic light.... LOCATION OVERVIEW: Conveniently located in the newly revitalized casino district of downtown Springfield, some of the amenities include the Basketball Hall of Fame, The Mass Mutual Center, a four star hotel, restaurants, bowling and golfing suites just to name a few of the new attractions coming to this highly sought after area of Western Massachusetts.

Listed by Jason L. Smith and Robert Donais of Gallagher Real Estate

MLS Number 72275716

• Commercial

Sellers want an offer, are very motivated, & fully negotiable!! Directly across from the eastern states exposition grounds (the big e) on the high traffic count rt 147 (memorial avenue), this 1.75 acre property is commercially zoned with endless potential. The new mgm springfield is approx. A 3-5 minute drive from this property! For decades, this property was the home to the area's well-known monte carlo restaurant. This property has development potential or continued use as a restaurant/club facility. Property currently has 2 ongoing revenue streams via 1 tenant @ $3500 triple net ($42k annually), whilst the 120 +/- parking lot generates revenues in the range of $30k-$50k during the 17 day big e fair, one of the largest fairs in the domestic us. Sellers are motivated. Don't hesitate to submit an offer…

Listed by Benjamin Benton of Benton Real Estate Company