Sold!
$1,600,000
77,000
Living Area
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Property Description
14 Chestnut Place; a 77,000 +/- SF rehabilitation hospital. The property is being offered in conjunction with 58 Sewall Street; a .37 acre parking lot improved with a 2,400 SF garage. 14 Chestnut Place is an attractive opportunity for medical providers seeking to maximize operational value in the central and western Massachusetts markets as well as for re-use as a senior human and health services facility. The property may also be converted to multifamily, senior housing, memory care, assisted living, or a boutique hotel. The property is located 6.5 miles east of Springfield, which is home to the Baystate Medical Center’s new $296 Million, 641,000 SF clinical facility housing state-of-the-art vascular and heart care center.
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Highlights
- Parking Spots: 155
- Year Built: 1967
- Property Class: Commercial Sale
- Status: Closed
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Additional Details
- Zoning: Ba
- Zoning Description: Legal Conforming
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Fees / Taxes
- Buyer Agent Compensation: .5%
- Tax Year: 2023
- Facilitator Compensation: .5%
- Taxes: $33,118
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