Listed by Berkshire Hathaway HomeServices Realty Professionals
$1,199,000
18-20 Springfield St
Details
Property Type Industrial, Hospitality
Sub Type Distribution, Hotel
Square Footage 5,868
Units 9
Tenancy Multi
Lease Type Gross
Year Built 1925
Buildings 2
Stories 3
Acreage 0.600
Zoning R2
Parking Spaces 20 spaces
Parking Per SqFt 3.41
Once in a lifetime opportunity to own a B and B with a hotel license. Close to highways and hospital
Marketing description
Once in a life time opportunity to own a successfully operating B and B with a Hoteliers License seconds to I 91 and next to Baystate Medical Center. With a 20 year record of positive cash flow and great reviews this is a business and real estate opportunity you cannot pass on. Two buildings, a three story 8 unit building with 9 baths, with an industrial kitchen and common space. Every unit has its own private luxurious bath and most sleep more than two. The finishes in the property are modern and beautiful. The second building is a 2 bedroom 2 Bath ranch that could be used as a private residence or used to increase revenue for the B and B. You pick. All mechanicals are updated and the property has tons of tech extras that will save you money and create a contactless operation if desired. Solar drives your electric bills down.
Listing Contacts
Listed by Berkshire Hathaway HomeServices Realty Professionals
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