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178 New Bridge Street 178 New Bridge St 14,380 SF 90% Leased Industrial Building West Springfield, MA 01089 $1,360,320 CAD ($94.60 CAD/SF) 7.18% Cap Rate

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EXECUTIVE SUMMARY

~9,400 SF industrial space
~1,250 SF office space
Projected Cap: 7.2%
0.4-acre lot
16-foot clear height - Industrial
9-foot clear height office

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $148,589 $10.33
Other Income - -
Vacancy Loss - -
Effective Gross Income $148,589 $10.33
Taxes - -
Operating Expenses - -
Total Expenses $50,925 $3.54
Net Operating Income $97,664 $6.79

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $148,589
Annual Per SF $10.33
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $148,589
Annual Per SF $10.33
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $50,925
Annual Per SF $3.54
Net Operating Income (CAD)
Annual $97,664
Annual Per SF $6.79

PROPERTY FACTS

Price $1,360,320 CAD
Price Per SF $94.60 CAD
Sale Type Investment
Cap Rate 7.18%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Manufacturing
  • Office Office Residential
Building Class C
Lot Size 0.40 AC
Rentable Building Area 14,380 SF
No. Stories 2
Year Built 1910
Parking Ratio 0.35/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning BA

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,500 SF
  • Office
  • Shell Space
  • Now

Newly renovated office space available for lease. Comes with two bathrooms and kitchenette. Open area office with some private offices.

Space Size Space Use Condition Available
1st Floor 1,500 SF Office Shell Space Now

1st Floor

Size
1,500 SF
Space Use
Office
Condition
Shell Space
Available
Now

1st Floor

Size 1,500 SF
Space Use Office
Condition Shell Space
Available Now

Newly renovated office space available for lease. Comes with two bathrooms and kitchenette. Open area office with some private offices.

Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WSPR-000389-005750-000015A
Land Assessment
$119,435 CAD
Improvements Assessment
$1,027,540 CAD
Total Assessment
$1,146,975 CAD
  • Listing ID: 37461212

  • Date on Market: 2025-08-28

  • Last Updated:

  • Address: 178 New Bridge St, West Springfield, MA 01089

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