Great Location In The Heart of Downtown Springfield, Minutes Away From Casino, MM Center, & BB HOF. Stand Alone Commercial Building with Brand New Private Partial Paved Driveway, Ample Parking. Great Store Front Windows For Advertisements, Office Area, Conference Room/Break Room. Large Open Function Hall In The Rear That Can Be Used for Small Indoor and Outdoor Gatherings!!! Very Functional In Its Current Use As a Dance Studio & Multi-Purpose Function Hall. Newly Installed Hardwood Flooring, Lighting, Mini-Splits for Heating & Air. Kitchen Area. Seller Motivated. May Hold Paper with Right Offer!! Current Rents $1500. Can present Vacant At Closing....
This is an awesome and unique opportunity you won't want to miss. This property boasts a warehouse/studio with a loft that has potential for so many opportunities. Currently set up as an artist in residence studio, this property, which is set back off the road, offers a large open space with 12 ft ceilings, concrete floor, vault room, loft and a great lobby. The property is set back from the road and on either side of the driveway is a separate lot zoned for residential. There used to be multi-families on either side and they may be rebuilt. So to be clear, you are getting a warehouse and two lots with this sale Buyer to verify all uses. This is a fantastic opportunity to run a small business or studio in a residential one way street only blocks from the casino and potentially build two multi-families for extra income!!
Great opportunity to Owen the real estate and run a successful bar and lounge located on the busy Main Street in Indian Orchard. Fully equipped kitchen, full bar, eating area coolers, and entertainment space on the main level in addition to the dancing and a DJ area. Additional space located on the lower level can be used to accommodate multiple different ventures, such as a party rental venue ( currently used for storage). Fenced-in parking for 15-20 cars in the rear of the building. The seller might hold back a small mortgage.
The median home value in Springfield, MA is $240,800. 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 Springfield, MA is $240,800. Approximately 43.65% of Springfield homes are owned, compared to 48.7% rented, while 7.65% are vacant. Springfield 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 Springfield real estate agent to arrange a tour today!
Springfield, Massachusetts 01105 has a population of 155,770. Springfield 01105 is less family-centric than the surrounding county with 17.99% of the households containing married families with children. The county average for households married with children is 23.64%.
The median household income in Springfield, Massachusetts 01105 is $43,308. 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 Springfield 01105 is 33.5 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 46.3 inches per year, with 40.2 inches of snow per year.