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$ 1,199,000
Est. payment | /mo
21,706 SqFt
$ 1,199,000
Est. payment | /mo
21,706 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 21,706 sqft
Price per Sqft $55
MLS Listing ID 73598428
HOA Y/N false
Year Built 1935
Annual Tax Amount $23,117
Tax Year 2026
Lot Size 0.490 Acres
Acres 0.49
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.
Location
State MA
County Hampden
Zoning 101
Direction GPS
Others
Senior Community false

Listed by Pioneer CRE
NEARBY SCHOOLS & PROPERTIES

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