16 Somers RdHampden, MA 01036

  • Mixed-use properties
  • 3.47 AC
For Sale
$725,000 View listing

Property Details for 16 Somers Rd

Lot size
3.47 AC
Zone code
BUS
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
HAMP M:0012 B:0039 L:0
APU
HAMPM0012B0039L0

Description

This exceptional 3.47-acre commercial land parcel in Hampden, Massachusetts, presents a unique development opportunity. Located at 16 Somers Rd, 01036, this property boasts a highly visible location on Somers Road, experiencing approximately 5,500 vehicles per day, and proximity to Main Street with 7,700 vehicles daily. The asking price is $725,000. Currently improved with a two-family house and a garage featuring five drive-in doors, the property offers existing structures that could be repurposed or removed to accommodate new construction. The land is zoned for business use (BUS), providing flexibility for a variety of commercial ventures. Built in 1750, the existing structures offer potential for adaptive reuse or demolition to maximize the development potential of this significant land holding. This prime location in Hampden offers strategic business advantages and ample space for a wide range of commercial projects. The property's high visibility and convenient location make it an attractive investment for developers seeking a strong foothold in a thriving community.

16 Somers Rd, Hampden, Massachusetts

Location Insight

City
Hampden
County
Hampden
State
Massachusetts
Latitude
42.0573
Longitude
-72.4409
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
$8,032
$143,700
$369,200
$512,900
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