Service Station Opportunity

11 Lincoln Street Holyoke, MA 01040

11 Lincoln Street , Holyoke, MA, 01040
11 Lincoln Street , Holyoke, MA, 01040 11 Lincoln Street , Holyoke, MA, 01040 11 Lincoln Street , Holyoke, MA, 01040 11 Lincoln Street , Holyoke, MA, 01040
FOR SALE
Property Type:
Schools/Education
Amount:
$1,200,000
Last Verified:
Nov 13, 2024

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Highlights

  • 3,480 SF Service Station
  • 3 Bay Garage Currently Used for Inspections
  • Large Office (400 SF) & 2 Bathrooms
  • Drive Thru Development Opportunity, Used Car Lot or Gas Sation Opportunity
  • Located on Route 5 Across from Stop & Shop Plaza & Liquors 44

Description

For Sale: 3,480 SF Service Station with large office, 2 bathrooms, and 3 bay garage currently used for inspections. This outstanding location offers opportunity for a drive thru development opportunity, used car ;ot or gas station opportunity. It is located across from Holyoke Heights/ Stop & Shop Plaza and Liqours 44. Property is being sold "as is".

Route 5 North


Year Built: 1965
Building Size: 3480sq ft
Building Class: C
Lot Size: 0.57 acres

Map of 11 Lincoln Street , Holyoke, MA, 01040

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.