Highway Oriented Distribution Facility

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:
Jun 03, 2024

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Description

Presenting an impressive 69,280 sf building with 26,000 square feet of warehouse and distribution space available for an owner occupant or tenant. The available 26,000 square feet offers 17 dock doors, 35'x25' column spacing, 20' ceilings, radiant heat and 3 shop offices. The main office space features 2 private offices, a conference room, break room, a large bullpen and additional storage spaces. Both the shop and office have separate bathrooms. The yard is fenced for outside storage of vehicles and materials. Positioned strategically just a half mile from Interstate 91, one mile from Interstate 291 and 6 miles from the Massachusetts Turnpike, the property presents an ideal opportunity for those seeking prime industrial real estate in a highly accessible location. Tenant brokers will receive a 1.5% bonus fee on top of their standard co-brokerage fee for a successful lease transaction.

The entire 69,280 sf building is also available FOR SALE - excellent owner occupant opportunity with the benefit of additional rental income.

Presenting an impressive 26,000 square feet of warehouse and distribution space, the property offers 17 dock doors, 35'x25' column spacing, 20' ceilings, radiant heat and 3 shop offices. The main office space features 2 private offices, a conference room, break room, a large bullpen and additional storage spaces. Both the shop and office have separate bathrooms. The paved yard is fenced for outside storage of vehicles and materials. Positioned strategically just a half mile from Interstate 91, one mile from Interstate 291 and 6 miles from the Massachusetts Turnpike, the property presents an ideal opportunity for those seeking prime industrial real estate in a highly accessible location. Also available FOR SALE - Excellent owner occupant opportunity.

The property is located on Avocado Street, a retail and industrial street with excellent highway access.


Year Built: 1970
Building Size: 69280sq ft
Lot Size: 5.05 acres

Units for Lease

26,000 SF Springfield Warehouse
Space Available: 26000 SF
Lease Type: NNN

Price Per Sqft/Month: $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.