For Sale
$1,100,000

302-322 High St Holyoke, MA 01040

Downtown Holyoke Mixed-Use Potential

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a portfolio of three interconnected buildings totaling 50,922 square feet in downtown Holyoke, Massachusetts. Built in 1880, this six-story property, situated on a 0.26-acre lot, offers significant redevelopment potential. Currently zoned BC, the property is ideally located within an Opportunity Zone, the Downtown Smart Growth Zoning Overlay (40R) District, and the North High Street Historic District. The buildings boast a diverse range of uses, including bank, storefront, and traditional office spaces, making them suitable for a variety of adaptive reuse scenarios, including potential residential or mixed-use conversion. The prime location provides direct access to a public parking garage and is in close proximity to ongoing revitalization projects, numerous businesses, and municipal offices. Excellent highway access is available via Routes 5/141/202, I-90, I-91, and the Amtrak station. Seller financing may be available for qualified buyers. The asking price is $1,100,000, translating to $21.60 per square foot. This is a rare chance to acquire a substantial property in a rapidly developing area.

Highlights

  • $1,100,000 asking price for a value-add redevelopment opportunity.
  • Three-building portfolio totaling 50,922 square feet of office and retail space in downtown Holyoke, MA.
  • Located in an Opportunity Zone, Downtown Smart Growth Zoning Overlay (40R) District, and North High Street Historic District.
  • Potential for residential or mixed-use conversion.
  • Convenient access to major roadways (Routes 5/141/202, I-90, I-91) and Amtrak.
  • Seller financing may be available.

Property Details for 302-322 High St

Property type
Retail properties, Office properties
Square Feet
50,922 SF
Year Built
1880
Buildings
3
Stories
6
Lot Size (sq. ft)
11,326 SF

Location Insight

City
Holyoke
County
Hampden
State
Massachusetts
Latitude
42.205722
Longitude
-72.608591

FAQs

What type of property is this?
Retail property - Downtown Holyoke Mixed-Use Potential
Where is the retail property located?
The property is located at 302-322 High St Holyoke, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: $1,100,000 asking price for a value-add redevelopment opportunity.; Three-building portfolio totaling 50,922 square feet of office and retail space in downtown Holyoke, MA.; Located in an Opportunity Zone, Downtown Smart Growth Zoning Overlay (40R) District, and North High Street Historic District.
How can I contact the broker?
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302-322 High St
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