1517 Memorial DriveChicopee, MA 01020MLS Number 72862320

  • Price: $600,000
  • 75 Days on Market
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Federal 30-year interest rate: 2.86% last updated on Sep 16, 2021
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1517 Memorial Drive Chicopee MA 010201517 Memorial Drive Chicopee MA 010201517 Memorial Drive Chicopee MA 010201517 Memorial Drive Chicopee MA 01020
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  • 0.14Acreage
  • 1959Year Built

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Don't miss out on this mixed use residential and commercial building available now! Memorial Drive location next to busy shopping area. Building houses three long term business tenants with multiple year leases and additional residential tenant with lease. Good cash flow. Walkout basement and two car garage under, currently used by owners for storage, has been leased to businesses in the past with parking and access in the rear of the building, so there is the potential for even more rental income. Easy to view walkout basement and garage areas. What an opportunity, call for an appointment!
Listed by Janise Fitzpatrick and The Bay Path Team of Jones Group REALTORS®

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More Info

Parking

  • Parking Spaces15
  • Parking Feature11-20 Spaces, Improved Driveway, Paved Driveway
  • Total Parking Spaces15

Building

  • Year Built1959
  • Wau Units3
  • No Units7
  • Rsu Units1
  • Reu Units2
  • No Buildings1
  • No Of Restrooms7
  • No Stories2
  • SprinklersNo
  • Entry OnlyNo
  • Assessed Value Bldg295300
  • DividableNo

Auction

  • Special FinancingNo

Photos

  • Photo Date2021-07-08T10:34:00
  • Number of Photos4

Basic Information

  • MLS Number72862320
  • Prop TypeCI
  • Status Date2021-07-08T10:34:00
  • Date Listed07/07/2021
  • List Price$600,000
  • LeaseYes
  • DirectionMemorial Dr is Rte 33
  • MLS StatusActive

Exterior

  • Roof MaterialCombination

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas

Other

  • Modification Date2021-08-18T15:20:00
  • Certificate Number12/12/2014
  • Property TypeMixed Use
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresProperty is 3 tax parcels, Map 653-14,15,16. Newer roof and some newer windows on building plus recent renovations in one frontage unit. Modified net lease with tenants paying all their own utilities and parking maintenance. Owner pays water.
  • Book20532
  • Listing AgreementExclusive Right to Sell
  • ExclusionsAll tenant owned business and personal property.
  • ExchangeNo
  • Firm Rmk1First appointment access is for vacant unit and basement and garage areas now used by owners. Do not attempt to see tenant occupied areas until second appointment when tenants will first be notified. Thank you!
  • Mill Rate18
  • Page226
  • View Count9

Location

  • StreetMemorial Drive
  • TownChicopee
  • StateMA
  • Zip01020
  • CountyHampden
  • LocationSuburban, Strip, Highway Access, Corner Lot

Property

  • Acreage0.14
  • Net Operating Inc51480
  • Space AvailableFor Sale
  • SubletNo
  • Lot14-16
  • Gross Annual Exp5415
  • Lot Size6200
  • Frontage197
  • Gross Annual Income56895
  • Condo AssociationNo
  • Assessed Value Land134300
  • Main LoM80028

Chicopee, MA Demographics

There is no data available

Chicopee, MA Real Estate Market Data

There is no data available

Chicopee, MA Schools

School NameDistanceTypeGrades
Union Crossing Realty
Union Crossing Realty
Office: 413-427-2390
420 Union Street
Westfield, MA 01085

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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