CCertihomes
759 Memorial Avenue, West Springfield, MA 01089

$1,999,900

0 beds 0 baths 11,200 sqft Built 1952Active

About this home

A rare opportunity to purchase an almost fully-rented, well-maintained commercial building right in the heart of West Springfield. Located on Memorial Avenue, this building is conveniently located close to many area amenities such as highway access, other businesses and most importantly, is highly visible to street and foot traffic. Offering six units, two warehouses and four offices (one office with warehouse space), the versatility allows for any number of different businesses to lease to if any vacancies come up. The second building located in the rear of the property has two warehouse spaces that are finished, heated, and have bathrooms. One of the warehouses has a 100 sq. ft. office. Looking to invest and not sure where to start? Come take a look at this commercial property before its too late!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$13,586/mo

Real estate (PITI + HOA + PMI)
$13,680
Principal + interest$9,070
Property tax + insurance$3,860
PMI / 2nd mortgage$750
Utilities
$861
Heating + cooling$269
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$122
Car insurance + maintenance$122
Other (entertainment)
$157
$13,586/mo TLC
Budget$14,086/mo
Remaining after TLC$500/mo
Purchase price
$1,999,900
Down payment
$99,995 (5%)
Loan amount
$1,899,905
APR
4%

Quick facts

Type
COM
Style
Year built
1952
Lot size
0.6 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$19,280
MLS #
73195974
County
Hampden

Home features

Roof
Rubber

Neighborhood — 01089

MetricThis ZIPCountyUSA
Population25,6946,444,931299,088,112
Population Change Since19903.00%7.00%20.00%
Population Density1,520786
Male12,5613,127,134147,432,321
Female13,1333,317,797151,655,844
Never Married6,0931,612,88563,775,926
Married10,0012,586,314123,120,365
Separated1,041247,85712,639,686
Widowed1,768363,59415,467,586
Divorced2,263436,88823,075,029
Number Of House Hold10,8852,431,591111,826,380
Average House Hold Size2.332.562.60
Medial Age37.9337.2535.46
Median House Hold Income$44,826$57,698$48,276
Average House Hold Income$53,357$75,023$63,629
P C I$23,071$29,196$24,529
M D I$38,730$48,105$41,133
A T H E$45,534$57,083$50,898
S T R5.00%5.00%
W C J78.50%81.38%77.74%
(Zip) Code
1089

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 1/24/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.