Three-parcel, three-building package with 300+ feet of frontage on busy Holyoke Street. The property comprises a 1,773 SF office/storage building (formerly a residential dwelling), a 5,559 SF two-story garage/warehouse, and a 2,520 SF garage. The office and larger garage is currently owner-occupied by a used car dealer. The rear garage is leased at-will to two automotive tenants. Conveniently located two miles from the Ludlow I-90 interchange/Ludlow center and three miles from I-291/Chicopee I-90 interchange. Many usage and development possibilities.
The median home value in Ludlow, MA is $369,999. This is higher than the county median home value of $280,000. The national median home value is $338,100. The average price of homes sold in Ludlow, MA is $369,999. Approximately 70.43% of Ludlow homes are owned, compared to 24.76% rented, while 4.81% are vacant. Ludlow 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 Ludlow real estate agent to arrange a tour today!
Ludlow, Massachusetts has a population of 21,050. Ludlow is less family-centric than the surrounding county with 17.71% of the households containing married families with children. The county average for households married with children is 23.64%.
The median household income in Ludlow, Massachusetts is $72,563. 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 Ludlow is 45.8 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 13.2 degrees. The average rainfall is approximately 47 inches per year, with 42 inches of snow per year.