For Sale
$1,200,000

Lyman St Holyoke, MA 01040

Renovated 7,000 sq ft building, secure parking.

Overview

Added:
Feb 3
Days on market:
84
This exceptional commercial property, located on Lyman Street in Holyoke, MA, presents a unique investment opportunity. The fully renovated 7,000 square foot building sits on a 0.17-acre lot and includes its own secure parking area, a significant advantage in a busy urban setting. Currently operating as a cannabis dispensary, the versatile layout allows for flexible use and subdivision to accommodate multiple tenants. The building's design is well-suited for a variety of commercial ventures, including entertainment, retail, beauty services, or distribution businesses. The potential for subleasing portions of the building offers an excellent opportunity to offset operating and carrying costs. Its strategic location near a high concentration of residential units ensures a readily available customer base and potential employee pool, fostering a thriving business environment. The property is priced at $1,200,000. A virtual tour is available, but scheduling an in-person showing is recommended for a comprehensive view of this remarkable property's potential. The property's adaptability and prime location make it an attractive investment for discerning buyers seeking a high-return opportunity in a growing market. Don't miss this chance to acquire a fully renovated, versatile commercial space with significant upside potential.

Property Details for Lyman St

Property type
Commercial real estate
Year Built
1940
Lot Size (sq. ft)
7,405 SF

Location Insight

City
Holyoke
County
Hampden
State
Massachusetts
Latitude
42.20716
Longitude
-72.59483

FAQs

What type of property is this?
Commercial real estate - Renovated 7,000 sq ft building, secure parking.
Where is the commercial real estate located?
The property is located at Lyman St Holyoke, MA.
What is the asking price?
The asking price for this property is $1,200,000.
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.
How do I access a private listing?
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Lyman St
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