For Sale
$275,000

299 Carew StSpringfield, MA 01104

Prime Medical Office Space, Great Value

Overview

Added:
Dec 11, 2024
Days on market:
116
This 2,657 square foot medical office building in Springfield, Massachusetts, presents a compelling investment opportunity. Located on the Mercy Hospital Medical Campus, this property boasts a desirable location and convenient access to healthcare services. The building, constructed in 1990, is a four-story structure with 30 parking spaces and is zoned B2. The unit itself features a well-designed layout including a waiting area, reception area, seven exam rooms, three private offices, a kitchen/break room, a nurses' station, and two lavatories. The building is part of a larger complex with approximately 46 medical office units, sharing a common lobby area with security, a gift shop, and additional waiting areas. Building amenities include two stairwells and passenger elevators. The monthly condo fee of $1,437.63 covers heat, water, sewer, and common area maintenance. The property is currently listed below its appraised value of $325,000, with an asking price of $275,000. The condo fee includes heat, water, and sewer. The current condo fee expiration date is February 14, 2025. This is an exceptional opportunity to acquire a well-maintained medical office space in a high-demand location.

Highlights

  • Lease Expiration: February 14, 2025
  • 30 Parking Spaces Available
  • Four-Story Building

Property Details for 299 Carew St

Property type
Office properties, Medical offices
Square Feet
2,657 SF
Year Built
1990
Buildings
1
Stories
4

Location Insight

City
Springfield
County
Hampden
State
Massachusetts
Latitude
42.1158991
Longitude
-72.5936051
299 Carew St, Springfield, Massachusetts

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299 Carew St
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