270 Main StAgawam, MA 01001

  • Industrial properties
  • 106,240 SF
For Sale
$5,250,000 View listing

Property Details for 270 Main St

Year built
1950
Construction
STEEL FRAME
Lot size
9.39 AC
Property size (Sq ft)
106,240 SF
Zone code
IA
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
AGAW M:0K13 B:0001 L:5
APU
AGAWM0K13B0001L5

Description

This exceptional 4,500-square-foot commercial space, located at 270 Main Street in Agawam, Massachusetts, presents a unique opportunity. Previously occupied by the Shriners, this unit offers a versatile layout ideal for coworking or creative office use. The space includes numerous private offices and two private bathrooms, ensuring privacy and functionality. The property benefits from a gross lease structure, with the landlord covering all utilities, including heat, air conditioning, and electricity. Situated within a larger 110,000-square-foot building on a 9.39-acre lot, this single-tenant unit offers a secure and convenient location. Enjoy the benefit of over 300 shared parking spaces, ensuring ample parking for employees and clients. The building, constructed in 1950 and renovated in 2016, is a Class B property featuring one Otis elevator and is handicapped accessible. The property is zoned Industrial A and is located near the intersection of Main Street and Cooper Street, in Agawam, MA 01001. This prime location boasts high occupancy rates within a multi-tenant building, providing a vibrant and collaborative environment. Furthermore, this property is situated within an Opportunity Zone.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $20,104,764
    Hospitality
    $18,415,856
    Educational
    $15,321,775
    Medical
    $15,848,715
    Retail
    $23,833,872
270 Main St, Agawam, Massachusetts

Location Insight

City
Agawam
County
Hampden
State
Massachusetts
Latitude
42.0832
Longitude
-72.6185
CBSA code
44140
CBSA name
SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$73,733
$891,400
$1,785,900
$2,677,300
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