43 Springfield St
$1,199,000
21,706
Sqft
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$1,199,000
21,706
Living Area
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Property Description
A rare opportunity to own a distinctive, multi-level commercial property in downtown Chicopee, offering a combination of existing commercial space, income potential, and exciting redevelopment possibilities. The property features multiple retail storefronts on the first floor, providing excellent opportunities for retail, service-oriented businesses, and other commercial uses. The second floor offers 10+ individual commercial and office units, creating the potential for multiple tenants and diversified rental income. Adding to the property’s unique appeal is a substantial former theater space. Rich in character and architectural charm, this expansive space offers an opportunity for a visionary owner, investor, or developer to re-imagine its use. With its combination of street-level retail, second-floor commercial units, and a large former entertainment venue, The Elms Building presents an opportunity to acquire a property with multiple income streams and significant potential for repositioning, redevelopment, or adaptive reuse.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1935
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Additional Details
- Zoning: 101
- Zoning Description: Other (See Remarks)
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Fees / Taxes
- Tax Year: 2026
- Taxes: $23,117
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Listing information provided courtesy of Pioneer CRE.
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