26 Sears Way - Distribution FOR SALE


West Springfield, MA 01089
$8,500,000 USD
408-888-9082
26 Sears Way, West Springfield, MA for Sale
$8,500,000 USD
Distribution - FOR SALE
1/45
null | Request Cap Rate

26 Sears Way
West Springfield, MA 01089


HIGHLIGHTS

  • Location, Railroad access, Angled Docks, Large Drive-in.
  • High ceilings, shipping receiving area, 3 separate office and restroom spaces.

OVERVIEW

For Sale or For Lease. OWNER USER OR INVESTOR. AVAILABLE 09/01/25. WATCH 3D TOUR (INCLUDING MEASUREMENTS) OF ALMOST EVERY SPACE OF ENTIRE WAREHOUSE/OFFICE AT MATTERPORT LINK BELOW. https://my.matterport.com/show/?m=mqQWZfJau9v Located on CSX rail/Railroad Access. Rail Spur: 321' on w/s of building with 4 doors. ROOF IS AN ASSET. WHILE IT HAS 5 YEARS REMAINING, IT IS POSSIBLE TO GET ROOF SOLAR LEASE FOR SUSBTANTIAL LEASE AMOUNTS THAT NOT ONLY PAYS FOR NEW ROOF, BUT HAS SUBSTANTIAL ADDITIONAL INCOME /YEAR FOR NEXT 20 YEARS. ASK FOR MORE INFORMATION. OUTSTANDING LOCATION. Close to Highways, Businesses, Downtown. 1 mile from I-91 and Rt-5 15 Dock Doors, 2 Drive in doors. Some docks not in use but could be activated. Current Lessee only uses the four angled docks. Four to six docks have levelers. 24’ column spacing. Masonry/Steel Building. Ceiling height varies from 26ft in high bay room of 71,000sqft to 20-23ft in low bay room (Buyer/Tenant to verify), Rooftop height 29ft (high bay section of 71000sqft), 23-26ft (low bay section of 64,500sqft) over ground level, per google earth pro. Whole building priced at $55/Sq.Ft. below comp value of sold buildings in the area ~129,144sqft warehouse 1st floor, ~6,369sqft office leading to ~135,513sqft on first floor, priced at $5.5/SF. SUB_DIVIDABLE into ~64,500SF and ~71,000SF sections on 1st floor, priced @ $6/SF NNN ~17,420sqft 2nd Floor space (in 2 spaces of 15,680SF office/storage and 1,740SF Mezzanine space) to be included; will be priced at a lower price. Upgrades done in past: Added 4 Angled docks. New Roof in 2007, RUL till 2032. Upgraded Electric Service 600A 3-phase. High efficiency gas-fired roof mounted (Cambridge Units) units installed 2005/2006. Security: Full monitored alarm system for fire, smoke, and burglar. Restrooms: 3 sets (2 in warehouse area / 1 set in 1st floor office / 1 set in 2nd floor office area).

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Industrial Space with Rail Spur Access

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

15

DRIVE INS

2

PARKING SPACES

20

LAND DETAILS

LAND ACRES

3.77

LAND SF

164,221

ZONING

C

APN/PARCEL ID

WSPR-000471-002950-000005

ASK ABOUT THIS PROPERTY

Sandeep GuptaSandeep GuptaMore Info
408-888-9082

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Sandeep GuptaSandeep GuptaMore Info
408-888-9082

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.