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31515449
31515470

102 Grove St, Chicopee, MA 01020 For Sale

$299,999
103 days on market
Updated 53 days ago
Opportunity zone

Grove Street Commercial Building

Details
Property Type Mixed Use, Office (+1)
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,880
Tenancy Multi
Price per SqFt $104
Class B
Year Built 2017
Buildings 1
Stories 1
Acreage 0.350
Zoning Commercial
Parking Spaces 10 spaces
Parking per 1,000 SqFt 3.47
Investment Type Owner/User
Ground Lease No

Mixed Use | 2,880 SqFt

Marketing description

Versatile 2,880 SF steel commercial building constructed in 2017 and designed for flexible service, retail, veterinary, wellness, or light commercial use. The property includes a 2,160 SF original structure plus a newer 720 SF addition completed approximately one year ago. Interior features multiple water connections throughout, center floor drainage, handicap accessibility, four mini-split systems, and infrastructure designed for wet-use operations including grooming, hydrotherapy, daycare, training, food preparation, or similar specialty uses.

The addition is currently owner-occupied for canine hydrotherapy, and the seller is open to leasing back that space at approximately $1,000/month including utilities, creating optional immediate income for an owner-user purchaser.

Drainage infrastructure was engineered to support potential future building expansion, offering additional long-term flexibility. Divisible layout allows potential multi-tenant configuration.

Conveniently located with quick access to I-90, I-91, I-291, and I-391 and minutes from the Chicopee Marketplace retail corridor.

Ideal opportunity for owner-operators, medical/service users, pet-care businesses, wellness operators, or investors seeking adaptable commercial space with expansion capability.

Have walkthrough videos that I can send upon request

Contact listing agent Damien Dumont at 774-666-0070 or [email protected]

Investment highlights

SELLER WILL ASSIST QUALIFIED BUYERS WITH FINANCING STRUCTURE OR INITIAL CASH, SUBJECT TO LENDER APPROVAL AND FINAL TRANSACTION TERMS.

SHORT SALE – Subject to third party approval.

Owner user or investment opportunity featuring a 2,880 SF steel building (constructed 2017) located in Chicopee Zone 4, allowing a wide range of contractor, service, flex industrial, veterinary, grooming, daycare, wellness, and specialty commercial uses.

Includes an approximately 720 SF addition completed approximately one year ago, with seller open to leasing back this portion at $1,000/month including utilities (subject to lender approval and mutually agreed lease terms), providing potential immediate income offset.

Property designed for wet use operations with multiple water connections, center floor drain, multiple entrances, and infrastructure sized with future expansion in mind. Flexible layout supports owner occupancy, investment use, or multi tenant configuration.

Convenient access to I 90, I 91, I 291, and I 391, minutes from the Chicopee Marketplace retail corridor.

Ideal for contractors, animal care operators, specialty medical users, service businesses, or investors seeking newer construction with expansion potential.

Walkthrough video available upon request.

Based on estimated market lease rates and full building occupancy, the property may offer potential gross annual rental income of approximately $65,000. Seller leaseback of the approximately 720 SF addition at $1,000/month including utilities may be available subject to lender approval and mutually agreed lease terms. Remaining space may provide additional leasing flexibility depending on use and occupancy. Income figures are estimates only and are not guaranteed by seller or broker. Buyers should independently verify rental rates, operating expenses, occupancy assumptions, and investment performance.

Sale subject to short sale approval. Closing timeline and terms subject to third party review and approval.

Contact listing agent

Damien Dumont

774-666-0070

[email protected]

Listing Contacts

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