81 Point Grove RdSouthwick, MA 01077
- Retail properties
- 5,136 SF
Property Details for 81 Point Grove Rd
- Year built
- 1984
- Construction
- FRAME
- Lot size
- 1.70 AC
- Property size (Sq ft)
- 5,136 SF
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- SWIC M:114 B:000 L:176
- APU
- SWICM114B000L176
Description
This exceptional 800-square-foot single-tenant bay, situated at 81 Point Grove Rd, Southwick, MA 01077, offers unparalleled waterfront convenience at Congamond Marina. The property is a versatile space suitable for a variety of uses, including marine-related businesses, storage, retail, or office space. The building is a single-story structure with one bay, providing ample room for operations or storage needs. The high ceilings, measuring 16 feet, allow for substantial vertical space, while a 10x10 overhead door ensures easy access for vehicles and equipment. A key advantage is the inclusion of heating, providing a comfortable and functional environment year-round. The property's location on Congamond Lake presents a unique opportunity for businesses seeking a high-visibility location with direct waterfront access. This single-tenant property is classified as Retail, Office, and Industrial, offering flexibility for a diverse range of potential occupants. The property's address is easily accessible, providing convenient access for customers and employees. This is a rare opportunity to acquire a versatile waterfront property in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,248,227
- 6.5%
- $1,152,210
- 7%
- $1,069,909
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,691,096
- Geo Method
- $1,691,096
-
Alternative Use
- Use
- Valuation
- Residential
- $971,932
- Hospitality
- $890,285
- Educational
- $740,706
- Medical
- $766,180
- Retail
- $1,152,210
Location Insight
- City
- Southwick
- County
- Hampden
- State
- Massachusetts
- Latitude
- 42.0429
- Longitude
- -72.7589
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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