Sold!
$975,000
11,602
Living Area
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Property Description
MIXED USE WITH PRIME RETAIL LOCATED ON HIGH TRAFFIC BOSTON ROAD, WITH EXCELLENT VISIBILITY AND ACCESSIBILITY, MAKING IT AN IDEAL INVESTMENT OPPORTUNITY FOR THOSE SEEKING TO ESTABLISH THRIVING BUSINESSES. THE BUILDING CURRENTLY BOASTS 15 MOTEL ROOMS, A FUNCTION HALL AND RESTAURANT AREA (ALL CLOSED WITH NO PERMITS). THE PROPERTY IS BEING SOLD AS IS, WITHOUT ANY EXISTING LICENSES OR PERMITS. THIS PROVIDES A BLANK CANVAS TO NAVIGATE THE LEGAL PROCESSES FOR POTENTIAL USES INCLUDING GROUP HOMES, RETAIL BUSINESS STRIP MALL, INDIVIDUAL OFFICES, APARTMENTS, ETC. SPRINGFIELD, KNOWN FOR ITS RICH HISTORY, AND DIVERSE POPULATION, SERVES AS A BACKDROP THAT IS RIPE WITH POTENTIAL. WITH ENTREPRENEURIAL SPIRIT, THIS PROPERTY HAS ENDLESS POSSIBILITIES. PRICED TO SELL AT $84 PER SQ FT.
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Highlights
- Parking Spots: 70
- Year Built: 1960
- Property Class: Commercial Sale
- Status: Closed
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Additional Details
- Zoning: Sr3b1
- Zoning Description: Legal Conforming
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Fees / Taxes
- Buyer Agent Compensation: 2%
- Taxes: $21,600
- Tax Year: 2023
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Listing information provided courtesy of CAP Select Realty.
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