612-616 Dwight StSpringfield, MA 01104

For Sale
  • Warehouses
  • 36,000 SF

Property Details for 612-616 Dwight St

Year built
1965
Lot size
1.47 AC
Property size (Sq ft)
36,000 SF
Zone code
I2
Property type
Warehouses
APN
SPRI S:04222 P:0073
APU
SPRIS04222P0073

Description

This exceptional 36,000-square-foot industrial property, situated on a 1.46 acres lot in Springfield, Massachusetts, presents a unique investment opportunity. Built in 1965 and featuring a single-story, 36,000-square-foot building, this Class B industrial space offers versatile functionality as a distribution center, flex space, or manufacturing facility. The property boasts a 22-foot ceiling height, providing ample vertical storage capacity. Efficient logistics are ensured with two loading docks and two grade-level doors. The building is fully climate-controlled and equipped with heavy power, enhancing operational efficiency. Its strategic location offers convenient access to major highways, including I-291 (within a quarter-mile) and I-91 (within half a mile), and the Massachusetts Turnpike (just over six miles away), ensuring seamless transportation and connectivity. The property is zoned for industrial use and is available for sale or lease. The property's features include a 4,000 amp electrical service and additional mezzanine storage. This well-maintained property offers a compelling combination of size, functionality, and location, making it an ideal choice for a variety of industrial operations. The address is 612-616 Dwight St, Springfield, MA 01104.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,812,608
    Hospitality
    $6,240,312
    Educational
    $5,191,866
    Medical
    $5,370,423
    Retail
    $8,076,237
612-616 Dwight St, Springfield, Massachusetts

Location Insight

City
Springfield
County
Hampden
State
Massachusetts
Latitude
42.1078
Longitude
-72.595
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
$53,083
$877,200
$621,900
$1,499,100
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