Package sale of three connected retail/office buildings in the heart of downtown Holyoke. Great redevelopment potential on a busy street in an Opportunity Zone, also located within the Downtown Smart Growth Zoning Overlay (40R) District and North High Street Historic District. Direct access to public parking garage. Close to area revitalization projects, businesses, and municipal offices. Convenient to Routes 5/141/202, I-90, I-91, and Amtrak station. Seller financing is a possibility for qualified buyers.
Updated four-story mill building with existing cannabis businesses and approved parking, fire safety, sallyport, and common bathrooms. Three phase/480 available with the lowest commercial electric rates in Western Massachusetts. Two elevators, multiple loading docks/drive-in and common sally port with video security. Triple Net is an additional $2.00/sf per year. Current cannabis tenants include manufacturing, processing, distribution, and retail. First and second floors mostly built out with finished walls, ceilings, and epoxy flooring. Building has expanded electrical service, new roof, and newer windows being installed. State of MA is expanding grant monies which can be used for lease payments and buildouts.
Prime Downtown Corner location across from U.S. Post Office & Veterans Park is perfect site for re-use or new development of this former 3 bay service station on big, open, paved lot with multiple curb cuts. Building is masonry, possibly dividable for good leasehold tenant income, has good facility & utility potential, new roof installed June 2023 (apo) with drive-thru canopy still in place. All underground tanks were removed (apo.) & property should be clean. Ideal for a variety of approved uses such as retail, offices, contractor/service companies, mechanical, automotive sales/repair, etc. but does have some other deeded use restrictions including but not limited to, no petroleum/fuel sales. Call listing agent for details. Also features high visibility & traffic count with convenient access to & from all city amenities & services, surrounding communities, major routes & highways. Close to other recent & planned redevelopment & investment projects. Available immediately.
Holyoke is located in Massachusetts. Holyoke, Massachusetts has a population of 38,480. Holyoke is less family-centric than the surrounding county with 15.39% of the households containing married families with children. The county average for households married with children is 23.64%.
The median household income in Holyoke, Massachusetts is $45,045. The median household income for the surrounding county is $61,310 compared to the national median of $69,021. The median age of people living in Holyoke is 36.5 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 13.7 degrees. The average rainfall is approximately 45.1 inches per year, with 40.2 inches of snow per year.
