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.
Features
- Disclosure
Additional Information
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- B1
- Orig Price:
- $999,000
- Waterfront:
- No
- MlsStatus:
- Active
Address Map
- City:
- Springfield
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01108
- Longitude:
- W73° 27' 1.7''
- Latitude:
- N42° 5' 16.8''
Commercial Sale
752 Sumner Ave, Springfield, Massachusetts
7,264 Sqft
$999,000
Listing ID #73536576
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $999,000
- Square Footage :
- 7,264 Sqft
- Year Built :
- 1920
- Lot Area :
- 0.36 Acre
- Listing ID :
- 73536576
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent