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$999,000
Est. payment /mo
7,264 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,264 sqft
Price per Sqft $137
MLS Listing ID 73536576
HOA Y/N false
Year Built 1920
Tax Year 2025
Lot Size 0.360 Acres
Acres 0.36
Property Description
Mixed-use investment opportunity with immediate income and approved residential upside. Fully leased first floor generates approx. $110,400/year from 5 established commercial tenants. City approval in hand for 7 second-floor residential units. Gross income can exceed $250,000 when completed. Approval package, architectural plans, and parking agreements convey with sale. New roof, electrical upgrades, mini-splits, separate utilities/meters, and 10 secured parking spaces. Ideal for investors, developers, and 1031 exchange buyers. Offered at $999,000.
Location
State MA
County Hampden
Zoning B1
Direction On Sumner Ave, on East Forest Park line
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
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Listed by Berkshire Hathaway HomeServices Realty Professionals
NEARBY SCHOOL & BUSINESS
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