Discover a unique opportunity to own a piece of Chicopee's history with the iconic Red Fez Bar and Grill, a beloved establishment that first opened its doors in 1985. Nestled in the heart of Downtown Chicopee, this well-established business and real estate package present a rare chance for entrepreneurial success. The Red Fez has been a cherished staple in the community, offering a welcoming atmosphere, delectable cuisine, and a rich history of memorable moments. With a prime location and a loyal customer base, this turnkey investment promises both immediate returns and the potential for further growth. Don't miss the chance to be the proud owner of this local gem – seize the opportunity to continue the legacy of the Red Fez Bar and Grill.
Great opportunity for an owner user or an investor. Currently leased on a moth-to-moth basis. Rents could be higher. The property is located in busy downtown Chicopee. There is a full commercial kitchen, a finished basement with 2 restrooms, and updated mechanicals. a sprinkler system, hot forced air heat, and central AC. , This could work as a church, restaurant, convenience store, or office space. Close to major highways. Opportunities are endless don’t miss out on this wonderful chance.
The median home value in Chicopee, MA is $272,100. This is lower than the county median home value of $280,000. The national median home value is $338,100. The average price of homes sold in Chicopee, MA is $272,100. Approximately 54.05% of Chicopee homes are owned, compared to 39.84% rented, while 6.11% are vacant. Chicopee real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicopee real estate agent to arrange a tour today!
Chicopee, Massachusetts 01013 has a population of 55,636. Chicopee 01013 is less family-centric than the surrounding county with 19.86% of the households containing married families with children. The county average for households married with children is 23.64%.
The median household income in Chicopee, Massachusetts 01013 is $56,509. The median household income for the surrounding county is $61,310 compared to the national median of $69,021. The median age of people living in Chicopee 01013 is 41.1 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 46.3 inches per year, with 40.1 inches of snow per year.