Springfield Flex Office/Industrial Property

371 Taylor Street Springfield, MA 01105

371 Taylor Street, Springfield, MA, 01105
371 Taylor Street, Springfield, MA, 01105
FOR SALE
Property Type:
Industrial
Amount:
$600,000
Last Verified:
Nov 21, 2024

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Highlights

  • - 6,850 SF industrial/flex space
  • - Zoned Business B
  • - Versatile potential for industrial/commercial use
  • - Excellent Owner Occupant Opportunity

Description

Introducing an exceptional opportunity at 371 Taylor Street, Springfield, MA. This well-maintained 6,850 SF industrial/flex building, constructed in 1955 with numerous upgrades and renovations, offers versatile potential for an owner occupant. Zoned Business B, the property is strategically located in Springfield, presenting an ideal setting for a range of industrial and commercial uses. With its prime location just minutes from Interstate 291 & 91, the flexible office and warehouse building provides an excellent solution for a contractor or service related business looking to expand.

The property is located in the Industrial section of Taylor Street in close proximity to the Central Business District in downtown Springfield.


Year Built: 1955
Building Size: 6850sq ft
Lot Size: 0.43 acres

Map of 371 Taylor Street, Springfield, MA, 01105

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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.