50 Shaker RdEast Longmeadow, MA 01028

Property Details for 50 Shaker Rd

Year built

1959

Construction

STEEL FRAME

Lot size

0.61 AC

Property size (Sq ft)

9,200 SF

Zone code

BUS

Property type

Retail space

APN

ELON M:0027 B:0169 L:0000

APU

ELONM0027B0169L0000

Description

This exceptional East Longmeadow, MA property, located at 50 Shaker Rd, zip code 01028, offers 9,200 square feet of retail and office space within a single, one-story building constructed in 1959. The property is zoned BUS and features five suites, with 3,200 square feet currently vacant. Ideal for multiple tenants, spaces range from a minimum of 1,500 square feet to a maximum contiguous space of 3,200 square feet. Benefit from high visibility and ample on-site parking in this busy neighborhood retail plaza. The Shaker Shops location boasts excellent foot traffic and is situated in the heart of East Longmeadow, surrounded by thriving businesses including Pioneer Valley Arms, La Glam Consignment Boutique, Mario's Cafe Ambiance, Sola Salon, and Shelburne Falls Coffee Roasters. Enhance your business presence with available pylon and fascia signage opportunities. This is a unique chance to establish your business in a vibrant and well-established commercial center. The property's traditional office and executive office subtypes cater to a variety of business needs. Don't miss this opportunity to secure your space in this thriving East Longmeadow location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,235,921

  6.5%

  $2,063,927

  7%

  $1,916,504

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,029,222

  Geo Method

  $3,029,222

• Alternative Use

  Use

  Valuation

  Residential

  $1,741,000

  Hospitality

  $1,594,746

  Educational

  $1,326,810

  Medical

  $1,372,441

  Retail

  $2,063,927

Location Insight

City

East Longmeadow

County

Hampden

State

Massachusetts

Latitude

42.0628

Longitude

-72.5137

CBSA code

44140

CBSA name

SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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