Avocado Street Industrial Opportunity

87-147 Avocado Street Springfield, MA 01104

87-147 Avocado Street, Springfield, MA, 01104
87-147 Avocado Street, Springfield, MA, 01104
FOR SALE FOR LEASE
Property Type:
Factory
Amount:
Please Call Broker for Price

Last Verified:
Dec 09, 2024

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Description

Coveted industrial real estate investment opportunity. This expansive warehouse/distribution facility spans approximately 69,509 square feet and is situated on a 5.05 acre parcel of land. Located right off of Route 20, the property enjoys seamless access to key transportation arteries, including I-91, I-291 and and the Massachusetts Turnpike, streamlining regional and interstate logistics.
With an Industrial A zoning, this property is purpose built for industrial uses. Featuring 36 loading docks, one drive in door and some fenced outdoor storage, operational efficiency is maximized.

Coveted industrial real estate leasing opportunity. This expansive warehouse/distribution facility spans approximately 69,509 square feet and is situated on a 5.05 acre parcel of land. Located right off of Route 20, the property enjoys seamless access to key transportation arteries, including I-91, I-291 and and the Massachusetts Turnpike, streamlining regional and interstate logistics.
With an Industrial A zoning, this property is purpose built for industrial uses. Featuring 36 loading docks, one drive in door and some fenced outdoor storage, operational efficiency is maximized.

The property is located on Avocado Street in Springfield. Great access to the local and regional highway systems.


Year Built: 1970
Building Size: 69509sq ft
Lot Size: 5.05 acres

Units for Lease

Avocado Street
Space Available: 26000 SF
Lease Type: NNN

Price Per Sqft/Year: $6.00

Map of 87-147 Avocado Street, Springfield, MA, 01104

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.