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505 - 511 East Columbus Avenue 505-583 E Columbus Ave

35,219 SF 100% Leased Office Building Springfield, MA 01105 $4,500,000 ($128/SF)

Office Space Massachusetts Springfield 505-583 E Columbus Ave, Springfield, MA 01105

Investment Highlights

  • Highway Visibility
  • Heavy Traffic
  • Ample Parking
  • Conveniently Located.

Executive Summary

Colebrook is pleased to offer for sale a two (2) medical/office building complex with an ATM pad site. The property features approximately 35,219 SF of building area on 2.34 acres of land in a prime location with I 91 visibility and access. The property is fully leased and located in close proximity to the Naismith Memorial Basketball Hall of Fame and the new $900 million dollar MGM Casino. The property is situated on a large lot at the south end of Springfield’s downtown area. The asking price for the property is $4,500,000. The sale of the Property shall include the assignment of the Easement Agreement for the rear parking area.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
35,219 SF
Building Class
B
Year Built/Renovated
1950/1982
Price
$4,500,000
Price Per SF
$128
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,467 SF
Building FAR
0.35
Land Acres
2.34 AC
Zoning
IA - Industrial A
Parking
147 Spaces (4.27 Spaces per 1,000 SF Leased)

Links

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Walk Score ®
Very Walkable (76)
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measures access to public transit. Bike Score®
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PROPERTY TAXES

Parcel Number SPRI-004303-000000-000605 Improvements Assessment $1,780,100
Land Assessment $1,435,200 Total Assessment $3,215,300

PROPERTY TAXES

Parcel Number
SPRI-004303-000000-000605
Land Assessment
$1,435,200
Improvements Assessment
$1,780,100
Total Assessment
$3,215,300
(413) 781-0066

  • Listing ID: 26410089

  • Date on Market: 8/15/2022

  • Last Updated:

  • Address: 505-583 E Columbus Ave, Springfield, MA 01105

More public record information on 505-583 E Columbus Ave, Springfield, MA 01105

The Office Property at 505-583 E Columbus Ave, Springfield, MA 01105 is currently available For Sale. Contact Colebrook Realty Services, Inc. for more information.

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505 - 511 East Columbus Avenue | 505-583 E Columbus Ave
(413) 781-0066 x

505 - 511 East Columbus Avenue | 505-583 E Columbus Ave

John Dill

(413) 781-0066

(413) 781-0066

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