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1 Allen St

171,898 SF Vacant Industrial Building Springfield, MA 01108 $2,950,000 ($17/SF)

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Investment Highlights

Potential development opportunity
Located in an opportunity zone
171,898 SF of rentable space

Approved for federal and state historic tax credits
Historic mill building complex
Mixed-use possibilities: warehouse, manufacturing, retail, office and more...

Executive Summary

Historic mixed-use mill building complex featuring 171,898 square feet warehouse, manufacturing and office space. With paved and ample parking, this property is well-maintained and has received numerous renovations since its original build in 1857 as a part of the Springfield Armory.

1 Allen Street Springfield Marketing Brochure

Property Facts

Price	$2,950,000	Lot Size	4.00 AC
Price Per SF	$17	Rentable Building Area	171,898 SF
Sale Type	Investment or Owner User	No. Stories	2
Property Type	Industrial	Year Built	1857
Property Subtype	Manufacturing	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	B

Price	$2,950,000
Price Per SF	$17
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Manufacturing
Building Class	B
Lot Size	4.00 AC
Rentable Building Area	171,898 SF
No. Stories	2
Year Built	1857
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.