526 College Hwy - Specialty FOR SALE


Southwick, MA 01077
$875,000 USD
413-328-9252
526 College Hwy, Southwick, MA for Sale
$875,000 USD
Specialty - FOR SALE
1/51
null | Request Cap Rate

NEW


526 College Hwy
Southwick, MA 01077


HIGHLIGHTS

  • On busy road with heavy traffic
  • Close to many active business and retail locations
  • Rental income

OVERVIEW

Fantastic location on Rt. 202 in Southwick with heavy traffic and proximity to many other retail locations. This building features three apartments that will generate income for your business dream. Commercial space could be divided up several different ways: rent out separate retail and office spaces or use the entire first floor, which features a large warehouse with garage doors, two spaces that could be retail or office space, and a third office space with private entrance. A wooded and cleared lot in the back rounds out this 1.7 acre parcel. First floor features flexible commercial space and a 2 bed/1.5 bath apartment (leased); Second floor has 3 bed/1 bath apartment; Third floor hosts 2 bed/1.5 bath apartment (leased). Close to the Connecticut line and Rt. 57, this mixed-use space is big enough to house your vision for a dance studio, daycare, garage, machine shop, or whatever you can imagine! Fantastic location on Rt. 202 in Southwick with heavy traffic and proximity to many other retail locations. This building features three apartments that will generate income for your business dream. Commercial space could be divided up several different ways: rent out separate retail and office spaces or use the entire first floor, which features a large warehouse with garage doors, two spaces that could be retail or office space, and a third office space with private entrance. A wooded and cleared lot in the back rounds out this 1.7 acre parcel. First floor features flexible commercial space and a 2 bed/1.5 bath apartment (leased); Second floor has 3 bed/1 bath apartment; Third floor hosts 2 bed/1.5 bath apartment (leased). Close to the Connecticut line and Rt. 57, this mixed-use space is big enough to house your vision for a dance studio, daycare, garage, machine shop, or whatever you can imagine! Buyer to verify intended use and second story apartment with Southwick Building Department. Square footage is approximate--Buyer to verify. Racks in garage/warehouse negotiable. Buyer to perform due diligence regarding permitting and zoning. Three-bedroom apartment on second floor is empty and easy to show; this was not rented out and is not included in the gross annual income. Two-bedroom apartment on third floor has long-term tenant who would like to remain (current rent $1370/month). First-floor, two-bedroom apartment has tenants looking for housing (rents at $2035/month). Occupied apartments require 24 hours' notice to show. Contact Jessica (413)328-9252

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

Mixed Use

APN/PARCEL ID

SWIC-000089-000000-000014

ASK ABOUT THIS PROPERTY

Jessica SperryMaverick RealtyMore Info
413-328-9252

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Jessica SperryMaverick RealtyMore Info
413-328-9252

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