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Potential For Hydro-Power 195 Appleton St

230,000 SF Industrial Building Holyoke, MA 01040 For Sale

Investment Highlights

  • 230,000 SF brick and beam building
  • Hydro Grant and Redevelopment Grants Available
  • Water Rights - Very Low Annual Cost, Deeded to Pull Water from Second Canal
  • Easy Access to Major Highways
  • Bounded on 2 sides by canals improved with new pedestrian walkways

Executive Summary

L&P Commercial is proud to offer a 230,000 square foot Mill Building for sale in Holyoke, Massachusetts. 195 Appleton Street offers easy access to several major highways and the property is located between two canals and the new pedestrian walkways. The property has deeded water right to pull water from the Second Canal. The property is adjacent to the Massachusetts Green High Performance Computing Center, the largest green computing center in the Northeast which supports the scientific, engineering and R&D innovation needs for Boston University, Harvard University, MIT, Northeastern University, University of Massachusetts all of which are in partnership with EMC and Cisco Systems. There are Hydro and Redevelopment Grants available for this property. Embrace timeless beauty: The Old Mill Building stands as a reminder of the past, with the potential to become a beacon of innovation for the future. Make your mark by transforming this captivating piece of history into a hub of contemporary excellence.

Taxes & Operating Expenses (Actual - 2023)

Annual Annual Per SF
Taxes $10,755 $0.05
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2023)

Taxes
Annual $10,755
Annual Per SF $0.05
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $10,755
Annual Per SF $0.05

Property Facts

Sale Type Owner User
Sale Conditions Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 3.66 AC
Rentable Building Area 230,000 SF
No. Stories 4
Year Built 1889
Tenancy Single
Parking Ratio 0.35/1,000 SF
Clear Ceiling Height 14 FT
No. Dock-High Doors/Loading 3
Opportunity Zone Yes

Amenities

  • Bus Line
  • Courtyard
  • Waterfront
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HOLY-000021-000001-000007
Land Assessment
$98,500 (2024)
Improvements Assessment
$182,600 (2024)
Total Assessment
$281,100 (2024)
Annual Taxes
$10,755 ($0.05/SF)
Tax Year
2023

zoning

Zoning Code IG (Industrial)
IG (Industrial)
  • Listing ID: 20919740

  • Date on Market: 9/11/2020

  • Last Updated:

  • Address: 195 Appleton St, Holyoke, MA 01040

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