85 Elm St West Springfield MA 01089 MLS #73285502

85 Elm St
West Springfield, MA, 01089
$1,300,000
Beds
0 Baths
11,578 SqFt
0.2 Acres
$1,300,000
85 Elm St
West Springfield, MA, 01089
Commercial Building For Sale in Thriving Downtown West Springfield, MA w/ 25 Deeded Parking Spaces. This building is neighbors with City Hall, Police, Fire & School Departments many well known restaurants, banks and National Brands. Ideal location for a downtown building offering high visibility and foot traffic Proximity to public transportation and key amenities further enhance the buildings appeal. Many long term stable tenants including the anchor Holyoke Credit Union with New Modern Remodeled Space on the 1st floor. This revenue generating, income producing building could be a great addition to your portfolio or the perfect building to begin one. Income & Expense Sheet is Attached

Property Details

Price:
$1,300,000
MLS #:
73285502
Status:
Active
Beds:
0
Baths:
0
Address:
85 Elm St
Type:
Commercial
City:
West Springfield
Listed Date:
Sep 5, 2024
State:
MA
Finished Sq Ft:
11,578
Total Sq Ft:
11,578
ZIP:
01089
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1940

Schools

Interior

Exterior

Parking Spots
25

Financial

Net Operating Income
$86,628
Tax Year
2024
Taxes
$35,045
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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