382 Dwight StHolyoke, MA 01040

  • Manufacturing properties
  • 69,817 SF
For Sale
$795,000 View listing

Property Details for 382 Dwight St

Year built
1934
Construction
FRAME
Lot size
0.81 AC
Property size (Sq ft)
69,817 SF
Zone code
IG
Property type
Manufacturing properties
APN
HOLY M:0021 B:0001 L:5
APU
HOLYM0021B0001L5

Description

This expansive mixed-use commercial property, located at 382 Dwight St in Holyoke, MA, presents a unique investment opportunity. Encompassing approximately 90,000 square feet of usable/developable space across four floors within interconnected buildings, this L-shaped property is being offered for sale "as is." The substantial footprint offers significant potential for redevelopment and repurposing. The property sits on a 0.81-acre lot and is ideally situated for various end-users, benefiting from its proximity to numerous businesses and recreational amenities. This property is eligible for Opportunity Zone incentives, making it particularly attractive to developers and investors seeking tax advantages. Seller financing is available, and inquiries from Foreign Trade Zone entities are welcomed. The property requires extensive rehabilitation, presenting a chance to create a significant commercial asset in a desirable location. A site tour is highly recommended to fully appreciate the scale and potential of this remarkable property. The asking price is $795,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,212,107
    Hospitality
    $12,102,219
    Educational
    $10,068,904
    Medical
    $10,415,189
    Retail
    $15,662,740
382 Dwight St, Holyoke, Massachusetts

Location Insight

City
Holyoke
County
Hampden
State
Massachusetts
Latitude
42.2047
Longitude
-72.6053
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
$21,583
$38,600
$497,500
$536,100
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