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$749,777
Est. payment /mo
38,000 SqFt
UPDATED:
10/28/2024 07:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 38,000 sqft
Price per Sqft $19
MLS Listing ID 73305811
HOA Y/N false
Year Built 1906
Annual Tax Amount $19,530
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Legacy asset next to City Hall for sale with part 1 approvals in hand totaling $4 Million of federal and state historic tax credits to be used for construction and redevelopment. Sellers can assign the tax credit approvals and application over to the new buyer. Sellers are open to staying on to help facilitate construction efforts or JV with the new sponsor. Please see conceptual design plans attached which include four units per floor. Floor plans can be modified to include more residential units on floors two and three and use of the first floor can change as well, however it's conceptually designed to accommodate a restaurant. Accompanied showings only. More information to be provided upon request.
Location
State MA
County Hampden
Zoning BC
Direction GPS
Others
Senior Community false
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Listed by Vicente Realty, LLC