Highway Oriented Industrial Property

55 Avocado St Springfield, MA 01104

55 Avocado St, Springfield, MA, 01104
55 Avocado St, Springfield, MA, 01104
FOR SALE
Property Type:
Factory
Amount:
$1,900,000
Last Verified:
Dec 02, 2024

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Description

Introducing a prime industrial opportunity at 55 Avocado St, Springfield, MA. This expansive 41,136 SF building, constructed in 1977, offers an ideal space for manufacturing and industrial ventures. Zoned I2, this facility presents a versatile canvas for a range of business operations. Located in the heart of Springfield, this property provides convenient access to key transportation routes. Ample space and strategic positioning make this an exceptional investment for businesses seeking a dynamic industrial environment.

The property is located on the commercial cul-de-sac of Avocado Street near downtown Springfield.


Year Built: 1977
Building Size: 41136sq ft
Lot Size: 2.96 acres

Map of 55 Avocado St, Springfield, MA, 01104

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.