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Hadley Fall Trust Building 56-58 Suffolk St
42,000 SF 92% Leased Office Building Holyoke, MA 01040 For Sale
Executive Summary
Two adjacent buildings having 42000 s f in total. 54 Suffolk is one story building rented to one tenant.
56 Suffolk is 6 story concrete building, built in 1930 for Hadley Fall Trust Company. Over the years ground floor was occupied by different banking institutions with the latest Bank of America. Presently the ground floor leased to receptions and events business. The upper floors are occupied by artists and some professionals. Parking for 40 + cars. New rubber roof 2022.
Could be ideal candidate for residential conversion.
Motivated seller. All offers will be considered.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Banking
- Bus Line
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Separate one story building with the basement and backyard.. Great for the association .daycare, school, retail or any prof. organization.
2 rooms office suite, consisting of office and reception. Bright, freshly redecorated. Could be combined with adjacent spaces.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 3,000 SF | Office | Partial Build-Out | Now |
| 5th Floor | 400 SF | Office | - | Now |
2nd Floor
| Size |
| 3,000 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
5th Floor
| Size |
| 400 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Floor
| Size | 3,000 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Separate one story building with the basement and backyard.. Great for the association .daycare, school, retail or any prof. organization.
5th Floor
| Size | 400 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
2 rooms office suite, consisting of office and reception. Bright, freshly redecorated. Could be combined with adjacent spaces.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $823,500 (2024) | |
| Land Assessment | $102,300 (2024) | Total Assessment | $925,800 (2024) |
PROPERTY TAXES
Presented by
Hadley Fall Trust Building | 56-58 Suffolk St
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