104 Lauzier TerChicopee, MA 01020

This exceptional mixed-use property at 104 Lauzier Ter, Chicopee, MA, is offered at $499,900. Situated on a 0.4-acre lot, its prime location offers high visibility, being just off Memorial Drive, behind a Wendy's restaurant, and approximately 150 feet from Route 33. The property currently features a residential unit and commercial space. The residential unit is currently leased, providing immediate rental income until April 2025. The commercial space, previously a hair salon, will be vacant upon closing, presenting a blank canvas for a new business venture. The property is zoned Business A, allowing for a diverse range of commercial uses. Furthermore, a special permit allows for the conversion of the existing structure into a total of four residential units, combined with retail space, significantly increasing the property's potential return on investment. This presents a unique opportunity for an investor seeking a blend of residential and commercial income streams in a high-traffic area with significant development potential. The property's strategic location and flexible zoning make it an attractive investment for both seasoned and emerging entrepreneurs.