Completely renovated in 2011-2012, this building boasts energy-efficient and environmentally responsible infrastructure. Key features include a 140 kW solar array with a power purchase agreement (PPA) in place, heat pumps, radiant heating, heat exchangers, and low-flow plumbing. The building offers 22' ceiling heights and 30x40 column spacing, providing ample space for various uses. Situated on a 1.596-acre parcel, the property includes two fenced storage areas, two loading docks, and a two-truck garage with large grade-level doors, ensuring excellent functionality and convenience. There are currently 2 ChargePoint EV stations with 4 hookups, with wiring in place for 4 additional hookups.
The property is strategically located right off busy Armory Street, and a few minutes from the entrance of Interstate 291 as well as downtown Springfield.
Year Built: 1911
Building Size: 58822sq ft
Lot Size: 1.6 acres
Map of 83-95 Warwick Street, Springfield, MA, 01104
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.