For Sale
$690,000

4 Dale CtChicopee, MA 01013

Prime Investment: Store, Apartments, Land

Overview

Added:
Feb 3
Days on market:
71
This exceptional Chicopee investment property offers a diverse income stream and significant upside potential. The centerpiece is a well-maintained convenience store operating under a secure 10-year lease, generating a consistent monthly rental income of $2,200. Adding to the profitability, the property includes two completely renovated 2-bedroom, 1-bathroom apartments. One apartment is currently leased at $1,600 per month, while the second apartment is vacant, providing immediate opportunity for additional rental income or owner occupancy. Beyond the building itself, a significant advantage is the inclusion of a 0.41-acre commercial lot adjacent to the main structure. Currently utilized as parking, this lot presents a wealth of possibilities for expansion or redevelopment. Prospective buyers are encouraged to explore potential uses with the town of Chicopee. The property also features convenient off-street parking for tenants and customers. This multifaceted property presents a rare opportunity to acquire a well-established commercial operation with significant growth potential, combining established rental income with the flexibility of a large, undeveloped commercial lot. The combination of a stable, long-term lease, existing rental income, and the potential of the vacant apartment and additional land makes this an attractive investment opportunity.

Property Details for 4 Dale Ct

Property type
Commercial real estate
Year Built
1965
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Chicopee
County
Hampden
State
Massachusetts
Latitude
42.18134
Longitude
-72.59663
4 Dale Ct, Chicopee, Massachusetts

FAQs

What type of property is this?
Commercial real estate - Prime Investment: Store, Apartments, Land
Where is the commercial real estate located?
The property is located at 4 Dale Ct Chicopee, MA.
What is the asking price?
The asking price for this property is $690,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4 Dale Ct
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