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1470 Allen St - Developable Land Adjacent to Bicentennial Plz 3.45 Acres of Commercial Land Offered at $1,365,863 CAD in Springfield, MA 01118
Investment Highlights
- Great traffic
- Surrounded by local and national retailers/QSRs
- Convenient to Springfield area suburbs
- Adjacent to busy plaza
- Right-of-way to signalized intersection
Executive Summary
Commercial development opportunity in one of Springfield’s most populated and affluent neighborhoods, 16 Acres. The parcel is well-positioned at the busy, signalized intersection of Allen Street and Bicentennial Highway, with greater than 30,000 vehicles passing daily. Neighboring sites include Bicentennial Plaza (a popular local retail center), Florence Bank, McDonald’s, Wendy’s, and several medical properties. At the crossroads of Springfield's suburbs, the site benefits from great visibility, strong east-west commuter traffic, and is convenient to regional retail hub Five Town Plaza. Many usage and configuration possibilities for retailers, QSRs, etc. The site includes a right-of-way to the traffic signal.
Property Facts
| Price | $1,365,863 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 3.45 AC |
| Property Type | Land | ||
| Zoning | SR1B1 - Zoned business A at the street line and RES A. | ||
| Price | $1,365,863 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 3.45 AC |
| Zoning | SR1B1 - Zoned business A at the street line and RES A. |
1 Lot Available
Lot
| Price | $1,365,863 CAD | Lot Size | 3.45 AC |
| Price Per AC | $395,902.27 CAD |
| Price | $1,365,863 CAD |
| Price Per AC | $395,902.27 CAD |
| Lot Size | 3.45 AC |
Mostly flat, partially cleared, adjacent to Florence Bank and Bicentennial Plaza. Right-of-way to traffic signal. Wetlands on southern portion of parcel.
Description
Property has never been developed and has some wetlands. Adjacent to retail plaza and freestanding retail/restaurant buildings.
Property Taxes
| Parcel Number | SPRI-000280-000000-000430 | Improvements Assessment | $0 CAD |
| Land Assessment | $108,968 CAD | Total Assessment | $108,968 CAD |
Property Taxes
Parcel Number
SPRI-000280-000000-000430
Land Assessment
$108,968 CAD
Improvements Assessment
$0 CAD
Total Assessment
$108,968 CAD
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1470 Allen St - Developable Land Adjacent to Bicentennial Plz
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