For Sale
$549,900

104 Lauzier TerChicopee, MA 01020

Prime Chicopee location, high-traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional mixed-use property at 104 Lauzier Terrace in Chicopee, Massachusetts, is listed at $549,900. The 1,671 square foot building, constructed in 1949, sits on a 17,238 square foot lot and features two units. Currently configured as a hair salon (vacant at closing) and a residential unit (leased until April 2025), this property offers immediate rental income and significant upside potential. The commercial space provides 1,671 square feet of net rentable area, priced at $329.08 per square foot. The property boasts 20 parking spaces, a significant advantage in a high-traffic area. Located conveniently off Memorial Drive, behind Wendy's, and approximately 150 feet from Route 33, this location ensures high visibility and accessibility. Zoned Business A, this property allows for a variety of uses. A special permit could allow conversion to four residential units and retail space. This presents a unique opportunity for owner-users or investors seeking a versatile property in a thriving Chicopee location. The property's Business A zoning and ample parking make it an attractive investment. The existing lease on the residential unit provides immediate cash flow. The vacant commercial space is ready for immediate occupancy. This is a rare opportunity to acquire a mixed-use property with significant potential in a prime Chicopee location.

Highlights

  • $549,900 mixed-use property in Chicopee, MA.
  • 1,671 SF building on a 17,238 SF lot, built in 1949.
  • Two units: vacant commercial space (1,671 RSF) and a leased residential unit (lease expires April 2025).
  • 20 parking spaces.
  • Prime location off Memorial Drive, near Route 33 and Wendy's, offering high visibility and accessibility.
  • Business A zoning allows for diverse uses, with potential for conversion to four residential units and retail (special permit required).

Property Details for 104 Lauzier Ter

Property type
Mixed-use properties
Square Feet
1,671 SF
Year Built
1949
Buildings
1
Stories
2
Units
2

Location Insight

City
Chicopee
County
Hampden
State
Massachusetts
Latitude
42.1790084
Longitude
-72.5782376
104 Lauzier Ter, Chicopee, Massachusetts

FAQs

What type of property is this?
Mixed-use property - Prime Chicopee location, high-traffic area.
Where is the mixed-use property located?
The property is located at 104 Lauzier Ter Chicopee, MA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: $549,900 mixed-use property in Chicopee, MA.; 1,671 SF building on a 17,238 SF lot, built in 1949.; Two units: vacant commercial space (1,671 RSF) and a leased residential unit (lease expires April 2025).
How can I contact the broker?
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104 Lauzier Ter
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