SQUARE FEET7,264
MLS#73536576
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Mixed-use investment opportunity with immediate income and approved residential upside. Fully leased first floor generates approx. $110,400/year from 5 established commercial tenants. City approval in hand for 7 second-floor residential units. Gross income can exceed $250,000 when completed. Approval package, architectural plans, and parking agreements convey with sale. New roof, electrical upgrades, mini-splits, separate utilities/meters, and 10 secured parking spaces. Ideal for investors, developers, and 1031 exchange buyers. Offered at $999,000.
Property Features
Property Type: Commercial - Business
Lot Size: 0.36 Acres
Taxes: $0
Year Built: 1920
Feature Descriptions
Building Area Total: 7264
Business Type: Commercial
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 37
Parcel Number: 2607706
Rental Term: Monthly
Utilities: Public Water, Public Sewer
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Realty Professionals
Agent Name: Anthony Ardolino
Agency Phone: 413-596-6711
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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752 Sumner Ave | MLS# 73536576
This commercial property located at 752 Sumner Ave, Springfield, MA 01108 is currently listed for sale with an asking price of $999,000. Search Springfield real estate on www.masiellogrouprealestate.com today.