East Longmeadow Development Opportunity

244 Shaker Road East Longmeadow, MA 01028

East Longmeadow
FOR SALE
Property Type:
Commercial Land Development
Amount:
$545,000
Last Verified:
Dec 09, 2024

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Description

Well located on Route 220 in East Longmeadow, the parcel is located at a signalized intersection and fronts on two major commuter routes with excellent traffic counts. The parcel consists of 3.09 acres suitable for highly visible retail, office, medical office, or food uses. Excellent centralized location with access to the neighboring affluent communities. Ground lease opportunity available.
Ground lease opportunity available.

The property is located at the lighted corner of Shaker Road (Route 220) and Chestnut Street In East Longmeadow.

Lot Size: 3.06 acres

Map of 244 Shaker Road , East Longmeadow, MA, 01028

Presented by:
Jennings Real Estate Services, Inc.

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Kevin Jennings


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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.