43 Springfield St, Chicopee, MA 01013

$1,199,000
21,706
SqFt

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List Price
$1,199,000
Status
NEW
MLS#
73598428
Living Area
21,706
Lot Size (Acres)
0.49
Year Built
1935

Property Description

A rare opportunity to own a distinctive, multi-level commercial property in downtown Chicopee, offering a combination of existing commercial space, income potential, and exciting redevelopment possibilities. The property features multiple retail storefronts on the first floor, providing excellent opportunities for retail, service-oriented businesses, and other commercial uses. The second floor offers 10+ individual commercial and office units, creating the potential for multiple tenants and diversified rental income. Adding to the property’s unique appeal is a substantial former theater space. Rich in character and architectural charm, this expansive space offers an opportunity for a visionary owner, investor, or developer to re-imagine its use. With its combination of street-level retail, second-floor commercial units, and a large former entertainment venue, The Elms Building presents an opportunity to acquire a property with multiple income streams and significant potential for repositioning, redevelopment, or adaptive reuse.

Additional Information

Taxes
$23,117

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Listing courtesy of Listing Agent: Alisa Feliberty from Listing Office: Pioneer CRE.

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